n NISM Certifications
X NISM Series X
Medium

Which type of issue generally involves the widest investor participation?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Preferential issue

  2. Public issue

    Correct answer

  3. C

    Rights issue

  4. D

    Private placement

Why this is the answer

Public issues open to all investors, leading to broader participation and higher subscription levels.

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