The OTCEI is a company incorporated under the Companies Act 1956.
A
True
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B
False
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Solution
The correct option is A True The OTCEI is a company incorporated under the
Companies Act 1956. OTCEI was set up to provide small and medium companies an access to capital market for raising finance. OCTCEI is advantageous to the company because it
provides methods of raising funds through capital market instruments
which are priced fairly.