Question
General Knowledge Question on Business and Economy
What is ‘Share swap’?
A. A business takeover in which acquiring company uses its own stock to pay for the acquired
company.
B. When a company uses its own share to get some short term loan for working capital requirement
C. When companies are require to float a new issue to earn capital for their expansion programmes,
each shareholder gets some additional preferential share. The process is known as Share Swap.
A
Only A
B
Only A and B
C
Only C
D
None of the above
Answer
Only A
Explanation
Solution
The correct option is (A): Only A