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    Question

    Through LIC’s IPO, what percentage of stake did the

    Government of India sell?
    A 2.5% Correct Answer Incorrect Answer
    B 3.5% Correct Answer Incorrect Answer
    C 4.5% Correct Answer Incorrect Answer
    D 5.5% Correct Answer Incorrect Answer
    E 10% Correct Answer Incorrect Answer

    Solution

    In May 2022, the Indian government sold 3.5% of its stake in LIC via an IPO, raising around ₹21,000 crore—India’s largest IPO to date.

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