Question
Consider the following statements with respect to the
one time exemption given to the Life Insurance Corporation- I.Life Insurance Corporation of India (LIC) has been given a one-time exemption from the 25 per cent public shareholding rule by the Ministry of Finance. II.A listed entity with a market cap of more than Rs 1 trillion needs to reach this 25 percent public shareholding. III.Moreover, the 25 per cent minimum public shareholding threshold should be attained within three years of listing. Which of the following is/are TRUE ?Solution
Life Insurance Corporation of India (LIC) has been given a one-time exemption from the 25 per cent public shareholding rule by the Ministry of Finance.The rule says a listed entity with a market cap of more than Rs 1 trillion needs to reach the 25 per cent minimum public shareholding threshold within five years of listing.
______has collaborated with M1xchange to offer a digital invoice discounting solution to farmers, farmer producer organizations (FPOs), and agri-MSMEs t...
What was the GST rate imposed on car seats following the 54th GST Council meeting?
Poshn, a leading player in the food and agriculture value chain, has launched a platform that will help match a buyer’s procurement demands with the m...
What is the objective of India's First Lighthouse Festival, inaugurated by Sarbananda Sonowal?
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
Find the ODD one out from the given options.
IFFCO is setting up its first overseas nano fertiliser plant in which country?
Consider the following statements in regards to the Saraswati Samman:
I) The award is instituted by the K.K. Birla Foundation.
II) It carr...
- Which fuel type will the Prototype Fast Breeder Reactor (PFBR) use?
What budget has India projected annually until 2030 for biodiversity initiatives as part of the updated NBSAP?
Relevant for Exams:
