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    Question

    Life Insurance Corporation of India (LIC) has ended up

    with a_______  stake in Jio Financial Services (JFS) with the insurer’s stake in JFS  valued at Rs 10,030 crore.
    A 5.67 percent Correct Answer Incorrect Answer
    B 6.66 percent Correct Answer Incorrect Answer
    C 7.13 percent Correct Answer Incorrect Answer
    D 8.09 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Life Insurance Corporation of India (LIC) has ended up with a 6.66 per cent stake in Jio Financial Services (JFS). The insurer’s stake in JFS is valued at Rs 10,030 crore, while that in RIL stands at around Rs 1.1 trillion.

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