logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs Business See What Others Are Saying!
  • Question
  • BNP Paribas Cardif has sold 5 crore shares of which life insurance company for Rs 2,889 crore?


  • Options
  • A. Max Life Insurance
  • B. SBI Life Insurance
  • C. Bharti AXA General Insurance
  • D. HDFC Life

  • Correct Answer
  • SBI Life Insurance 

    Explanation
    The foreign partner of SBI Life Insurance, BNP Paribas Cardif has sold 5 crore shares of the company for Rs 2,889 crore to increase its public shareholding to 25% of its paid-up equity share capital on or before October 2, 2020. This sale has not undertaken as per the methods prescribed by SEBI for achieving the minimum public shareholding (MPS) Threshold.The average price of equity share during the sale was Rs 577.93 per equity share.On the other hand, Canada Pension Plan Investment Board has bought 2 crore shares at an average price of Rs 577.50 per shares.

  • More questions

    • 1. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss
    • 2. Government infused a capital of Rs. 205 crore with which bank recently?

    • Options
    • A. Indian Overseas Bank
    • B. Punjab National Bank
    • C. Bank of Baroda
    • D. Bank of Maharashtra
    • Discuss
    • 3. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.

    • Options
    • A. The Central Goods and Services Tax Bill 2017
    • B. The Integrated Goods and Services Tax Bill 2017
    • C. The Union Territory Goods and Services Tax Bill 2017
    • D. The States Goods and Services Tax Bill 2017
    • Discuss
    • 4. Which of the following movies won the 89th Academy Awards for the Best Picture?

    • Options
    • A. La La Land
    • B. Arrival
    • C. Moonlight
    • D. Lion
    • Discuss
    • 5. Which film has been chosen as Bangladesh's official entry for the Oscars 2019?

    • Options
    • A. Dhaka Attack
    • B. Nabab
    • C. Doob
    • D. Detective
    • Discuss
    • 6. Where did India's first natural Ice Cafe located?

    • Options
    • A. Himchal Pradesh
    • B. J&K
    • C. Sikkim
    • D. Arunachal Pradesh
    • Discuss
    • 7. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?

    • Options
    • A. 28
    • B. 12
    • C. 25
    • D. 32
    • Discuss
    • 8. The book "An Unsuitable Boy" is the autobiography of which Indian personality?

    • Options
    • A. Twinkle Khanna
    • B. Rishi Kapoor
    • C. Rahul Bose
    • D. Karan Johar
    • Discuss
    • 9. The Union Government has launched RUSA portal to act as a one-stop for States' Higher Education Plans. What does 'RUSA' stands for?

    • Options
    • A. Rashtriya Uchchatar Shiksha Abhiyan
    • B. Rashtriya Uttam Shiksha Abhiyan
    • C. Rashtriya Unmukht Shiksha Abhiyan
    • D. Rashtriya Unnatsheel Shiksha Abhiyan
    • Discuss
    • 10. The Ministry of Finance has started which series on Twitter to educate general public about the budgetary process?

    • Options
    • A. Know Budgetary Process
    • B. Know Your Economy
    • C. Know Your Budget
    • D. Know Making of Budget
    • Discuss


    Comments

    There are no comments.

Enter a new Comment