Many a time we see a term in newspapers 'IPO'. What is the full form of the same?
A
Indian Public Offer
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B
Institutional Purchase Offer
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C
Industrial Purchase Order
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D
Initial Public Offer
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Solution
The correct option is D Initial Public Offer IPO stands for Initial Public Offer. It is also known as stock market launch. It is a public offering by which shares of a company is sold to investors.