state gov TSPSC Group 3 (తెలంగాణ గ్రూప్ 3) 2023 Mock Test Series Banking and Financial Awareness Financial Markets
With reference to the Initial Public Offering, consider the following statements:
1. It is the selling of securities to the public in the secondary market.
2. It is when an unlisted company makes either a fresh issue of securities or an offer for the sale of its existing securities or both for the first time to the public.
3. It is generally used by new and medium-sized firms that are looking for funds to grow and expand their business.
Which of the above statement is/are correct?
1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
1, 2 and 3