New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Cabinet Committee on Economic Affairs (CCEA) chaired

    by the Prime Minister Narendra Modi has approved for listing of IREDA - a CPSE under Ministry of New & Renewable Energy (MNRE) on the Stock Exchanges through an Initial Public Offer (IPO) by part sale of Government’s stake in it and to raise funds for IREDA through issue of fresh equity shares. ______________ will drive the listing process.
    A Department of Investment and Public Asset Management (DIPAM) Correct Answer Incorrect Answer
    B Department of Economic Affairs Correct Answer Incorrect Answer
    C Department of Expenditure Correct Answer Incorrect Answer
    D Department of Financial Services Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon’ble Prime Minister Shri Narendra Modi has approved for listing of IREDA - a CPSE under Ministry of New & Renewable Energy (MNRE) on the Stock Exchanges through an Initial Public Offer (IPO) by part sale of Government’s stake in it and to raise funds for IREDA through issue of fresh equity shares.  Department of Investment and Public Asset Management (DIPAM) will drive the listing process.

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