Question

IPO of which government owned company is scheduled in this year FY 22?

A LIC Correct Answer Incorrect Answer
B IDBI Correct Answer Incorrect Answer
C Bank of Baroda Correct Answer Incorrect Answer
D State Bank of India Correct Answer Incorrect Answer
E Shipping corporation of India Correct Answer Incorrect Answer

Solution

The government will sell a part of its stake in Life Insurance Corporation (LIC) through an Initial Public Offering (IPO). At present, the government owns the entire 100 per cent stake in Life Insurance Corporation of India (LIC).

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