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Adani Ports and Special Economic Zone Ltd ( APSEZ) has received approvals from the National Company Law Tribunals at Ahmedabad and Hyderabad for acquiring 58. 1 per cent stake in Gangavaram Port Ltd ( GPL). With this stake purchase, GPL will become a fully- owned subsidiary of APSEZ. The acquisition of GPL is priced at around Rs 6,200 crore ( 517 million shares at Rs 120 each). Gangavaram Port has excellent rail and road network connectivity and is the business gateway to a hinterland spread over eight states. The recent addition of a container handling terminal will help to accelerate growth of cargo volumes.
Which of the following statements is/are TRUE with respect to the Statutory Liquidity Ratio ?
I.The SLR was prescribed by Section 24 (2A) of Bank...
Open - market operations of Reserve Bank of India refer to;
The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of:
Which of the following statements is/are correct?
1. GDP can both underestimate as well as overestimate the actual welfare of the economy.
...‘Belt and Road Initiative’ is related to which of the following country?
Which of the following will not contribute to a higher current account deficit?
(1) Increase in price of crude oil
(2) Rise in export of s...
DICGC is a wholly-owned subsidiary of ____________.
MUDRA Bank is a public sector financial institution in India, it is a subsidiary of ____________ .
Consider the following statements regarding PM SVANidhi Scheme:
I. It is a Central Sponsored Scheme implemented in 2019.
II. It provides a...
Which of the following Organisation signed a loan agreement worth $250 million to improve the education Quality of Schools and anganwadi workers of Andh...