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Under Private Placement Company sell securities to some selected institutions. From the following identify such institution.
  • a)
    LIC
  • b)
    GIC
  • c)
    UTI
  • d)
    All of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Under Private Placement Company sell securities to some selected insti...
Private placement includes sale of stock shares or bonds to pre selected investors. These pre selected investors include wealthy individual investors, banks and other financial institutions, mutual funds, insurance companies, and pension funds.
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Most Upvoted Answer
Under Private Placement Company sell securities to some selected insti...
Private placement includes sale of stock shares or bonds to pre selected investors. These pre selected investors include wealthy individual investors, banks and other financial institutions, mutual funds, insurance companies, and pension funds.
So, correct option is 'D' because all the above three options comes under the above mentioned investors....
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Under Private Placement Company sell securities to some selected institutions. From the following identify such institution.a)LICb)GICc)UTId)All of theseCorrect answer is option 'D'. Can you explain this answer?
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