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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 2 · Q10
Offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) is known as:
Offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) is known as :
Official answer
(A)
Private placement of shares
Marking-scheme solution
(a)
Private placement of shares
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.