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With reference to the Draft Red Herring Prospectus (DRHP), consider the following statements:1. The Union government has filed a draft red herring prospectus with the stock market regulator for selling 25% of its shares in the Life Insurance Corporation (LIC) of India.2. The filing of the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI), with all the critical information about LIC’s business operations, is the first regulatory step towards the IPO.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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With reference to the Draft Red Herring Prospectus (DRHP), consider the following statements:1. The Union government has filed a draft red herring prospectus with the stock market regulator for selling 25% of its shares in the Life Insurance Corporation (LIC) of India.2. The filing of the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI), with all the critical information about LIC’s business operations, is the first regulatory step towards the IPO.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?, a detailed solution for With reference to the Draft Red Herring Prospectus (DRHP), consider the following statements:1. The Union government has filed a draft red herring prospectus with the stock market regulator for selling 25% of its shares in the Life Insurance Corporation (LIC) of India.2. The filing of the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI), with all the critical information about LIC’s business operations, is the first regulatory step towards the IPO.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of With reference to the Draft Red Herring Prospectus (DRHP), consider the following statements:1. The Union government has filed a draft red herring prospectus with the stock market regulator for selling 25% of its shares in the Life Insurance Corporation (LIC) of India.2. The filing of the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI), with all the critical information about LIC’s business operations, is the first regulatory step towards the IPO.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice With reference to the Draft Red Herring Prospectus (DRHP), consider the following statements:1. The Union government has filed a draft red herring prospectus with the stock market regulator for selling 25% of its shares in the Life Insurance Corporation (LIC) of India.2. The filing of the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI), with all the critical information about LIC’s business operations, is the first regulatory step towards the IPO.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.