Q. The term “reverse flipping” is recently seen in news related to?

[A] Transferring of ownership

[B] Angel investors

[C] Forex reserves

[D] Foreign investment

Answer: A
Notes:

Explanation: Flipping- The process of transferring the entire ownership of an Indian company to an overseas entity, accompanied by a transfer of intellectual property rights and data owned by the Indian company.

Reverse flipping – It is the trend of overseas start-ups shifting their domicile to India and listing on Indian stock exchanges.

Source: FORUMIAS

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