Statement (I): Issue of shares is the most common method

UPSC Civil Exam Solution 2021

UPSC ESE Exam Solution 2021 for Civil Engineering UPSC ESE 2021 GS Paper 1 download exam paper from telegram https://telegram.me/civil_experiences

Statement (I): Issue of shares is the most common method especially to raise long-term funds.

Statement (II): The equity shareholders are residual owners who have restricted claim on income as dividend.

[A] Both Statement (I) and Statement (II) are individually true and Statement (II) is the correct explanation of Statement (I)
[B] Both Statement (I) and Statement (II) are individually true but Statement (II) is NOT the correct explanation of Statement (I)
[C] Statement (I) is true but Statement (II) is false
[D] Statement (I) is false but Statement (II) is true

ANSWER= [B] Both Statement (I) and Statement (II) are individually true but Statement (II) is NOT the correct explanation of Statement (I)

Top 10 Tiles Companies in India 2023