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

    Question

    Recently CCEA has approved the sale of 29.5% of the

    government's stake in which public sector company?
    A Hindustan Copper Ltd Correct Answer Incorrect Answer
    B Hindustan Aluminum Ltd Correct Answer Incorrect Answer
    C Hindustan Silver Ltd Correct Answer Incorrect Answer
    D Hindustan Zinc Ltd Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Cabinet Committee on Economic Affairs (CCEA) has approved the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL). The sale of a 29.58% stake represents more than 124.96 crore shares which would raise around Rs 38,000 crores at the current market price.

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