Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base?begin{enumerate}item To finance its expansion plansitem To finance its diversification plansitem To repay its loans and borrowingsend{enumerate}

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base?

A	Only 1
B	Only 2
C	Only 3
D	Only 1 & 2

Explanation:

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