1. Direct issue to investors
ii. Company receives money and issues new securities
iii. Company mobilizes capital by offering already issued securities

A:-All i, ii, iii are correct
B:-Only i and ii are correct
C:-Only ii and iii are correct
D:-Only i and iii are correct
Correct Answer:- Option-B

Question55:-Select the correct option about factors considered for IPO grading by
credit rating agencies

i. Business prospects and competitive position

ii. Financial position of the company

iii. Infrastructural facilities of the company

A:-Only i and iii are correct
B:-Only ii and iii are correct
C:-Only i and ii are correct
D--All i, ii, iii are correct
Correct Answer:- Option-C

Question56:-Select the correct option about SEBI's role on opinion of credit rating
agency

1. Credit rating agency's opinion is binding on SEBI

ii. Credit rating agency's opinion is binding on investor and SEBI is liable

iii. The investor is free to accept or reject the opinion of the agency and SEBI is not
liable

A:-All i, ii, iii are correct

B:-Only i is correct

C:-Only ii is correct

D:-Only iii is correct

Correct Answer:- Option-D
Question57:-Which among the following is a progressive tax?

A:-GST

B:-Sales Tax

C:-Property Tax

D:-Income Tax

Correct Answer:- Option-D

Question58:-Given below are two statements

Statement 1 : Transfer of a capital asset includes compulsory acquisition
Statement 2 : Previous year always starts on 1st April

In the light of above statements,

Choose the most appropriate answer from the options given below :

A:-Both Statement 1 and Statement 2 are incorrect