Question
Which bankĀ will acquire 100 percent equity shares of
Sonata Finance Pvt Ltd, from its existing shareholders for Rs 537 crore?Solution
Kotak Mahindra Bank will acquire 100 percent equity shares of Sonata Finance Pvt Ltd, a non-banking financial company-microfinance institution (NBFC-MFI), from its existing shareholders for Rs 537 crore. This acquisition will enable the bank to scale up its operations in the rural and semi-urban markets in the northern states of India.
When a firmās decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
...Which of the following is not a test related to Heteroscedasticity?
India traditionally runs a large Merchandise Trade Deficit (Goods). What is the key component that typically counteracts this to keep the Current Accoun...
If the economy is operating at point C, the opportunity cost of producing an additional 20 units of bacon is
Under a fixed exchange rate system with perfect capital mobility, what happens when the government increases its spending?
An unbiased coin is tossed until a head appears. The expected number of tosses required is
Consider a closed economy wherein
C = 0.60 YdĀ Ā , t = 0.25 , I = 900 ā 30i , G = 800, L = 0.20 Y ā 50i , M/P = 500
Where in Yd = Dis...
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
In the foreign exchange market price of US Dollar rises from ā¹ 60 to ā¹ 61. This means that_____