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    Question

    A way by which the companies raise capital without

    going to the public is known as __________________
    A Public Offer Correct Answer Incorrect Answer
    B Private Placement Correct Answer Incorrect Answer
    C Public Placement Correct Answer Incorrect Answer
    D Private Purchase Correct Answer Incorrect Answer

    Solution

    Explanation: Section 42- any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) through private placement offer-cum-application.

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