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‘The highly anticipated Initial Public Offer (IPO) of Life Insurance Corporation of India (LIC), emerged as the largest turnout in terms of public participation in the nation's history.’ - Entrepreneurship

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Question

‘The highly anticipated Initial Public Offer (IPO) of Life Insurance Corporation of India (LIC), emerged as the largest turnout in terms of public participation in the nation's history.’
Identify the type of capital market LIC of India has approached.

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Solution

LIC of India has approached the Primary Market.

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