This is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern.Select one:a.venture capitalb.factoringc.mutual fundd.merchant banking
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.venture capitalb.factoringc.mutual fundd.merchant banking
Solution
The correct answer is d. Merchant Banking. Merchant banks provide fee-based services such as underwriting, consultancy, and other related services to businesses. They act as intermediaries between capital markets and companies, assisting them in various financial decisions and activities.
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