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Read the report given below and answer the question that follow:
NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.
Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.
LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.
Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.
To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.
As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.
Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.
Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.
The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.
Q. What other things can the government do to improve the deficit with respect to the current Covid situation?
- a)Borrowing from public
- b)Lowering government expenditure
- c)Raising government revenue
- d)None of the above
Correct answer is option 'D'. Can you explain this answer?
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Read the report given below and answer the question that follow:NEW D...
1. Ensure safe and fair access to vaccines across regions within countries through effective coordination mechanisms between national and subnational governments, for example by sharing dose delivery projections. This is particularly important as all levels of governments must anticipate the surge in supply and ensure that the logistics and infrastructure is ready as vaccine deliveries accelerate. Involve subnational governments in vaccination campaigns to ensure faster and better territorial coverage. Involving local actors, who are better informed about the local population and infrastructure, is essential to successfully reach people that need vaccines first (e.g. the elderly, people with pre-existing illnesses and healthcare workers) and relieving the pressure on the healthcare system.
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2. Consider adopting a “place-based” or territorially sensitive approach to recovery policies. Introduce, activate or reorient existing multi-level coordination bodies in order to minimise the risk of a fragmented recovery response. Use such bodies to refine strategies, develop solutions, and agree on decisions with profound economic, social, and societal implications. Strengthen the quality of micro-level data within and between regions to improve understanding of the crisis and its impact.
3. Support cooperation across municipalities and regions to help minimise disjointed responses and competition for resources during a crisis. Facilitate inter-municipal cooperation to support recovery strategies by ensuring coherent safety/mitigation guidelines, pooling resources, and strengthening investment opportunities, for example through joint borrowing. Actively pursue and promote cross-border cooperation in order to promote a coherent recovery approach across a broad territory (e.g. border closure and reopening, containment measures, exit strategies, migrant workers).
4. Strengthen national and subnational-level support to vulnerable groups to limit further deterioration in circumstances and to strengthen inclusiveness in the recovery phase. Accomplishing this can include simplifying and facilitating access to support programmes, ensuring well-targeted services, introducing adequate and/or innovative fiscal support schemes, and identifying the needs for revising fiscal equalisation policies. Use digital opportunities (e.g. e-health, e-education) to help ensure continued service delivery, being sensitive to territorial, economic, and social disparities in access.
Most Upvoted Answer
Read the report given below and answer the question that follow:NEW D...
Other ways to improve the deficit with respect to the current Covid situation:
Borrowing from public:
- The government can consider borrowing from the public through the issuance of bonds or other financial instruments to raise funds for managing the deficit.
- This can help in increasing liquidity in the market and generating additional revenue for the government.
Lowering government expenditure:
- The government can focus on cutting down unnecessary expenses and optimizing resource allocation.
- By reassessing budgets, reducing non-essential spending, and streamlining processes, the government can effectively lower its expenditure and improve the deficit situation.
Raising government revenue:
- Implementing tax reforms and increasing tax compliance can help in boosting government revenue.
- The government can also explore avenues for generating revenue through innovative methods such as asset monetization, public-private partnerships, and strategic disinvestments.
Implementing austerity measures:
- By enforcing austerity measures across government departments, the government can control spending and ensure efficient utilization of resources.
- This can include measures such as salary cuts for officials, reduction in travel expenses, and limiting unnecessary expenditures.
Stimulating economic growth:
- Promoting economic growth through policies that encourage investment, consumption, and production can lead to increased revenue generation for the government.
- By supporting key sectors and industries, the government can stimulate economic activity and subsequently improve the deficit situation.
Overall, a combination of prudent financial management, revenue generation strategies, and economic stimulus measures can help the government address the deficit challenges posed by the current Covid situation.
Borrowing from public:
- The government can consider borrowing from the public through the issuance of bonds or other financial instruments to raise funds for managing the deficit.
- This can help in increasing liquidity in the market and generating additional revenue for the government.
Lowering government expenditure:
- The government can focus on cutting down unnecessary expenses and optimizing resource allocation.
- By reassessing budgets, reducing non-essential spending, and streamlining processes, the government can effectively lower its expenditure and improve the deficit situation.
Raising government revenue:
- Implementing tax reforms and increasing tax compliance can help in boosting government revenue.
- The government can also explore avenues for generating revenue through innovative methods such as asset monetization, public-private partnerships, and strategic disinvestments.
Implementing austerity measures:
- By enforcing austerity measures across government departments, the government can control spending and ensure efficient utilization of resources.
- This can include measures such as salary cuts for officials, reduction in travel expenses, and limiting unnecessary expenditures.
Stimulating economic growth:
- Promoting economic growth through policies that encourage investment, consumption, and production can lead to increased revenue generation for the government.
- By supporting key sectors and industries, the government can stimulate economic activity and subsequently improve the deficit situation.
Overall, a combination of prudent financial management, revenue generation strategies, and economic stimulus measures can help the government address the deficit challenges posed by the current Covid situation.
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Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Read the report given below and answer the question that follow:NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced plans to sell a stake in LIC as part of her disinvestment plans for F/Y 22. In her Budget speech, the FM said her government will complete divestment of BPCL, CONCOR and SCI in F/Y 22. She said that her government will privatise two public sector banks (PSBs) and one general insurance company as well. “LIC IPO may see the light of day soon,” said Jiger Saiya, Partner and Leader - Tax & Regulatory Services at BDO India.Earlier, in an interview with ET, LIC Chairman M R Kumar had said the IPO is very much likely. “The point is that it is going to be big and we want to get the valuations right,” he had said, adding that the listing of an insurance company requires determining the embedded value of the business.LIC has started the process and would soon announce the software, which will assist it determine the right valuation. “We have floated an RFP for the actuarial firm that will undertake the exercise. This calculation will take some time. Once this process is done, we will be ready,” Kumar said on January 11.Last week, a Reuters report quoting sources suggested that the government was looking to sell 10-15 per cent in the country’s biggest insurer to improve public finances.To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.As part of its divestment drive, four CPSEs – HAL, SAIL, Bharat Dynamics and IRCTC –have come out with offers for sale (OFSs) this financial year. They garnered ₹12,907 crore to the exchequer. In addition, IPOs of IRFC and Mazagon Dock Shipbuilders together fetched ₹1,984 crore.Also, this year, the government sold shares worth about ₹1,837 crore in private companies, in which it holds stakes through SUUTI.Four state-owned companies, NTPC, RITES, NMDC and KIOCL, completed share buybacks, adding ₹2,769 crore to the exchequer.The government is also looking to sell its entire 26.12 per cent stake in Tata Communications (TCL), erstwhile VSNL, through an OFS and strategic sale this financial year. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp, Neelachal Ispat Nigam Limited and Ferro Scrap Nigam Limited (FSNL) is currently underway.Q. What other things can the government do to improve the deficit with respect to the current Covid situation?a)Borrowing from publicb)Lowering government expenditurec)Raising government revenued)None of the aboveCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
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