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

    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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