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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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