CUET Business Studies 2022 15 July Shift 2 PYQs

This is a privilege given to existing stakeholders to subscribe to a new issue of shares on pro-rata basis-

"Holders of assets can readily sell their financial assets through the mechanism of the financial market" - This statement highlight one of the functions of financial market.

Identify

Anek Ltd. Issued a public offer to raise Rs. 70 lakh equity from primary market. In the process of floating the issue, it incurred certain expenses like brokerage, commission, printing of application, advertising etc. Identify the money market instrument that can be used for financing this cost.