Question
Which bank announced to sell its entire 4% ownership in
India SME Asset Reconstruction Company (ISARC) for almost Rs 4 crore?Solution
• Bank of Maharashtra sell its entire 4% ownership in India SME Asset Reconstruction Company for almost Rs 4 crore. • Bank of Maharashtra (BoM) has entered a share purchase agreement for the sale of the entire equity position of 4% in India SME Asset Reconstruction Company Ltd (ISARC). • The bank’s 4% stake, which translates to 40,00,000 equity shares, would be sold for Rs 9.80 per share for Rs 3.92 crore in cash. • ISARC’s overall revenue for the fiscal year ended March 2021 was Rs 11.09 crore, with a net profit of Rs 0.36 crore. • ISARC is the country’s first Asset Reconstruction Company (ARC), with a large number of public sector banks and undertakings supporting it. It focuses on MSME NPA resolution.
Statements:
Only a few A are B.
No B is C.
All C are Z.
Conclusions:
I. Some A can be B.
II. Some C can...
Statements: Some racks are tables.
Some tables are chairs.
No chair is a book.
Conclusions: I. Some racks are chairs.
<...Statements:a.Some dogs are not rats
b. Some rats are lions
Conclusions:I. Some dogs are not lions
II. Some lions are not dogs
Statements:
Only Book is Pen.
No Book is Pencil.
Some Pencil are Eraser.
Conclusion:
I. Some Eraser can be Pen.<...
Statements: Only books are staplers.
All pencils are books.
All pencils are glasses.
No glass is a jug.
Conclusions: I....
Statements:
Some Cable are Table
No Table are Chair
All Chair are Rack
Conclusions:
I) Â Some Cable are not Rack...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements:
Only a few Triangle are Circle.
Some Circle are Square.
Only Square are Rectangle .
No Circle is a Cubo...
Statements:
Some TVs are laptops.
Some laptops are computers.
All computers are mobiles.
All mobiles are radios.
...
- Statements:
Some second is minute
Mostly minute is hour
All hour is time
Conclusions:
I. Some time is second
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