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      Question

      ____________ will acquire Union Bank of India’s

      21% stake in IndiaFirst Life Insurance Company.
      A Bank of Baroda Correct Answer Incorrect Answer
      B SBI Correct Answer Incorrect Answer
      C ICICI Bank Correct Answer Incorrect Answer
      D HDFC Bank Correct Answer Incorrect Answer
      E Canara Bank Correct Answer Incorrect Answer

      Solution

      Bank of Baroda will acquire Union Bank of India’s 21% stake in IndiaFirst Life Insurance Company. IndiaFirst Life Insurance Company is a joint venture between the Bank of Baroda, Union Bank of India, and Carmel Point Investments.

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