Question

    SoftBank has sold 2 percent of its shares in One97

    Communications, the parent firm of Paytm.After the latest sale, SoftBank’s stake in the company is down to_______.
    A 6.23 percent Correct Answer Incorrect Answer
    B 7.12 percent Correct Answer Incorrect Answer
    C 8.44 percent Correct Answer Incorrect Answer
    D 9.15 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    SoftBank has sold 2 percent of its shares in One97 Communications, the parent firm of Paytm. With this, the Minato-headquartered investor’s stake in Paytm has come down to less than 10 per cent.  After the latest sale, SoftBank’s stake in the company is down to 9.15 per cent.

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