New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What is the full form of QIP? 

    A Quarried Institutional Placement Correct Answer Incorrect Answer
    B Qualified Institutional Placement Correct Answer Incorrect Answer
    C Qualitative Institutional Placement Correct Answer Incorrect Answer
    D Quantitative Institutional Placement Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Qualified institutional placement   ( QIP ) is a capital-raising tool, primarily used in India and other parts of southern Asia, whereby a  listed company  can issue equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares to a  qualified institutional buyer  (QIB).

    Practice Next