Start learning 50% faster. Sign in now
Ahead of the mega initial public offer of the Life Insurance Corporation in mid-March, the Union Cabinet recently approved a 20% foreign direct investment limit under automatic route in LIC, an enabling provision aimed at attracting long-term foreign investors to the issue. According to the amendment to the LIC Act through the Finance Act 2021, the government could dilute only a 25% stake in the insurer in the first five years and the government equity won’t fall below 51% at any point in time. So, 49% public float in LIC is a long way to go as well as full utilisation of the FDI limit.
Two statements are given followed by two conclusions numbered I & II. Assuming the statements to be true, even if they seem to be at variance with comm...
Statements: All glasses are plates.
Some plates are bowls.
Conclusions:I. Some bowls are glasses.
II. No bowl is a glass.
Statements: All covers are glasses.
Some caps are covers.
No cup is a cap.
Conclusions: I. Some cups are not...
Statements:
Only Computer is Laptop.
Some Computers are Tablets.
Mostly Tablets are Notebooks.
Conclusions:
I. Some L...
Statement:
All arts are physics
All accounts are physics
Conclusion:
I. Some physics are arts.
II. Some accou...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statement:
Only a few clock are timer
Only timer is needle
No clock is watch.
Conclusion:
Statements:
A few Juice are Jar.
Only Jar are Mug.
All Juice are Bowl.
Some Jar is Plates.
Conclusions:
I. Som...
Statements:
Some Mars are Planets.
Some Planets are not Stars.
Some Stars are Bright.
Conclusions:
I. Some Bri...
Read the given statements and select which of the conclusions given in the options logically follows from the statements.
Statements:
...