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State whether the following statement is true or false. Financial institutions underwrite the issue of securities. - Secretarial Practice

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MCQ
True or False

State whether the following statement is true or false.

Financial institutions underwrite the issue of securities.

Options

  • True

  • False

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Solution

Financial institutions underwrite the issue of securities. - True

Concept: Sources of Borrowed Capital - Financial Institutions
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. D) 7. | Page 36
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