Question

    The Abu Dhabi Investment Authority (ADIA) has picked up

    a ___ per cent stake in IIFL Home Finance for Rs 2,200 crore
    A 10 Correct Answer Incorrect Answer
    B 15 Correct Answer Incorrect Answer
    C 20 Correct Answer Incorrect Answer
    D 22 Correct Answer Incorrect Answer
    E 25 Correct Answer Incorrect Answer

    Solution

    The Abu Dhabi Investment Authority (ADIA) has picked up a 20 per cent stake in IIFL Home Finance for Rs 2,200 crore. The Abu Dhabi sovereign wealth fund will make the investment through a wholly-owned subsidiary.

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