Multiple choice

Issue of a share which carries veto powers overriding the votes of all classes of shareholders. A holder of even a single share. Can stall a special resolution. It is practiced in UK. The share is called

  1. Golden Share

  2. Subordinate Share

  3. Platinum Issue

  4. Veto share

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A Correct answer
Explanation

A Golden Share is a nominal share that gives its holder the power to veto changes to the company's charter, often used by governments in privatized companies.