New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The central government is going to sell up to 8% stake

    in IRCON International through an offer for sale (OFS) which will help the government to raise about _______.
    A Rs.1159 crore Correct Answer Incorrect Answer
    B Rs.1234 crore Correct Answer Incorrect Answer
    C Rs.1367 crore Correct Answer Incorrect Answer
    D Rs.1423 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The central government is planning to sell up to 8% stake in IRCON International through an offer for sale (OFS). The government owns 73.18% in the company, and the 8% stake sale will help it raise about ₹1,159 crore.

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