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By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?
- a)Rs 64000 Crore
- b)Rs 45000 Crore
- c)Rs 36000 Crore
- d)Rs 21000 Crore
Correct answer is option 'D'. Can you explain this answer?
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By selling a 3.5 per cent stake in LIC, what is the total amount to be...
India’s biggest-ever initial public offering (IPO), by Life Insurance Corp (LIC), has been fully booked under all categories.
The portion set for policyholders was booked 6.11 times, employees by 4.39 times, retail investors by 1.99 times, non-institutional investors by 2.91 times and qualified institutional buyers (QIB) by 2.83 times. The government will raise ₹ 21,000 crore from selling a 3.5 per cent stake in the country’s top insurer. This is only a third of the original target fixed by the government.
The portion set for policyholders was booked 6.11 times, employees by 4.39 times, retail investors by 1.99 times, non-institutional investors by 2.91 times and qualified institutional buyers (QIB) by 2.83 times. The government will raise ₹ 21,000 crore from selling a 3.5 per cent stake in the country’s top insurer. This is only a third of the original target fixed by the government.
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By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer?
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By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer?.
By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a 3.5 per cent stake in LIC, what is the total amount to be raised by the Government?a)Rs 64000 Croreb)Rs 45000 Crorec)Rs 36000 Crored)Rs 21000 CroreCorrect answer is option 'D'. Can you explain this answer?.
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