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Q:

According to the existing norms, the permission of which of the following has to be taken for mergers and acquisitions in the corporate sector apart from the Reserve Bank of India?

(a) The High Court of the State concerned

(b) Union Cabinet

(c) the cabinets of the respective states

  • 1
    (a) and (b) only
  • 2
    Only (b)
  • 3
    (c) only
  • 4
    Only (a)
  • 5
    None of these
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Answer : 1. "(a) and (b) only"

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