state gov DDA Junior Secretariat Assistant (JSA) Mock Test 2023 Current Affairs Business and Economy Economic and Financial Affairs
Consider the following statements regarding the Buy-back of securities:
1. When a company attempts to repurchase the securities it has already sold to the public is called a buy-back.
2. Buy-back of securities always ends up in a loss to the company.
Which of the above statements given is/are incorrect?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2