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    Question

    Which company received RBI approval to become a Core

    Investment Company (CIC)?
    A Reliance Industries Ltd Correct Answer Incorrect Answer
    B Jio Financial Services Correct Answer Incorrect Answer
    C Tata Capital Correct Answer Incorrect Answer
    D ICICI Prudential Correct Answer Incorrect Answer
    E HDFC Bank Correct Answer Incorrect Answer

    Solution

    Jio Financial Services received RBI approval to convert from a non-bank financial company (NBFC) to a core investment company (CIC).

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