šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!

  • google app store apple app store
  • āœ–

      Question

      The Competition Commission of India (CCI) has slapped a

      fine of Rs 40 lakh on which bank for failing to notify the regulator about its acquisition of a stake in CSC e-Governance?Ā 
      A Axis Bank Correct Answer Incorrect Answer
      B HDFC Bank Correct Answer Incorrect Answer
      C YES Bank Correct Answer Incorrect Answer
      D Kotak Mahindra Bank Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Ā Ā  The Competition Commission of India (CCI) has slapped a fine of Rs 40 lakh on Axis Bank for failing to notify the regulator about its acquisition of a stake in CSC e-Governance.Ā Ā Ā Ā Ā Ā  The transaction under consideration comprised the acquisition of a 9.91 percent stake in CSC e-Governance by Axis Bank and got completed in November 2020.

      Practice Next
      ask-question