Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
A company which intends to raise share capital from primary market appoints which of the following for managing the Issue of shares?
Options:
Merchant Banker
Underwriter
Broker
All of the above
Correct Answer:
All of the above
Explanation:
A company, which issues shares, has to appoint one or more Merchant Bankers, who act as Lead managers to the public issues. The company may, also appoint, registrars, underwriter, brokers.