What is meant by ‘Underwriting’ the term frequently used in financial sector ?

  • Under valuation of the assets
  • The Act of taking on a risk for a fee
  • Giving a Guarantee that a loan will not become a bad loan
  • The act of permission to float an IPO
  • None of these
What is meant by ‘Underwriting’ the term frequently used in financial sector ?
Home Ask Questions Study Current Affairs Previous Papers Kerala PSCIBPSUPSCRBITNPSCMPSCSSCCBSEUnited StatesModel Tests News More Answers Coaching Centres Careers Downloads Colleges