Blue chip is --
A
A first class equity share
B
A extremely risky equity share
C
Used in color televisions
D
Used in mobile phones
Correct Answer: A first class equity share
A blue chip is a nationally recognized, well - established, and financially sound company. Blue - chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.