Many a time we see a term in newspapers IPO. What is the full form of the same ?
(A) Indian Public Offer
(B) Institutional Purchase
(C) Industrial Purchase Order
(D) Indian Purchase Offer
(E) Initial Public Offer
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(E) Initial Public Offering is the right answer.
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Ciao..!
It is true that we see the word IPO in newspapers.
Its fullform is Initial Public Offer.
Option (e)
What’s the use of it ?
Here the government shares are sold to institutional purchases.
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