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Answer : 3. "10%"
According to newspaper reports, what percentage of the government's stake in Rashtriya Ispat Nigam Limited (RINL) will be disinvested?
5Q:
According to newspaper reports, what percentage of the government's stake in Rashtriya Ispat Nigam Limited (RINL) will be disinvested?
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Answer : 3. "10%"
Explanation :
Rashtriya Ispat Nigam Limited (RINL) filed a draft prospectus with market regulator SEBI for Initial Public Offering (IPO) on September 23, 2014. Under which the government will sell 10% shares of its participation in this company to the company. The government aims to raise Rs 43,425 crore by disinvestment in PSU companies.