New Enroll here to Join NaBFID Analyst Into Class on May 6

    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.

    Practice Next