Options
- A
Merger
- B
Acquisition
-
Consolidation
Correct answer
- D
Takeover
Why this is the answer
Consolidation involves combining two or more companies into a new entity, with the original companies ceasing to exist. In mergers or acquisitions, one company may survive, and in takeovers, one company purchases another without forming a new entity.
Test yourself for real
Take a full NISM Series XV mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.