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SSC CHSL 2019 PYQ — Question 26

SSC CHSL - 9th July 2019 - Shift 1 • General Awareness • Q26

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In economics, IPO stands for -

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. Initial Public Offering.

  • An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance.
  • It could be a new, young company or an old company that decides to be listed on an exchange and hence goes public.
  • Public share issuance allows a company to raise capital from public investors.