Current Affairs · Economy & Business
In the context of the Indian startup ecosystem and SEBI regulations, what does the term 'Reverse Flipping' mean?
- 1Moving company operations to Europe
- 2Outsourcing development work to foreign countries
- 3Bringing a startup's legal domicile/base back to India✓
- 4Reversing IPO plans due to market conditions
Correct answer
Bringing a startup's legal domicile/base back to India
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