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      Question

      SBI Life is a joint venture of

      A SBI and AXA group Correct Answer Incorrect Answer
      B SBI and Metlife Correct Answer Incorrect Answer
      C SBI and BNP Paribas Correct Answer Incorrect Answer
      D SBI and Allianz Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      SBI Life Insurance   is a joint venture life insurance company between  State Bank of India  (SBI), the largest  state-owned  banking and  financial services  company in India, and  BNP Paribas  Cardiff. BNP Paribas is a French multinational bank and financial services company with global headquarters in Paris. SBI owns 70.1% of the total capital and BNP Paribas Cardiff 26% of the capital.

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