This is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern.Select one:a.factoringb.merchant bankingc.mutual fundd.venture capitalClear my choice
Question
This is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern.Select one:a.factoringb.merchant bankingc.mutual fundd.venture capitalClear my choice
Solution
The correct answer is b. Merchant Banking.
Merchant banking refers to a set of financial services, which includes underwriting, consultancy, and other allied services to business concerns. These services are
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