In April 2020, the board of directors of Federal Bank gave in-principl – McqOptions

MCQOPTIONS

1.	In April 2020, the board of directors of Federal Bank gave in-principle nod to acquire an additional stake of up to how much per cent in the equity capital of IDBI Federal Life Insurance Co Ltd (IFLIC) from the IDBI Bank?
A.	4
B.	5
C.	6
D.	7
E.	8
Answer» B. 5

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