The Union Cabinet recently approved a _____% foreign direct investment limit under automatic route in Life Insurance Corporation, an enabling provision aimed at attracting long-term foreign investors.
Ahead of the mega initial public offer of the Life Insurance Corporation in mid-March, the Union Cabinet recently approved a 20% foreign direct investment limit under automatic route in LIC, an enabling provision aimed at attracting long-term foreign investors to the issue. According to the amendment to the LIC Act through the Finance Act 2021, the government could dilute only a 25% stake in the insurer in the first five years and the government equity won’t fall below 51% at any point in time. So, 49% public float in LIC is a long way to go as well as full utilisation of the FDI limit.
Two inlet pipes, each with the same capacity, can fill an empty tank 'A' together in 20 minutes. There is also an outlet pipe that can empty 40% of the...
Two pipes P and Q can fill tank A in 36 minutes and 72 minutes respectively and empty pipe M can empty the tank in 54 minutes. Tank A has the capacity o...
Pipe ‘A’ can fill a tank in 25 hours while pipe ‘B’ can empty it in 30 hours. They were operated on alternate hours starting with pipe ‘A’. ...
There are four pipes A, B, C and D where A and B are used to fill the tank and C and D are used to empty the tank. Pipe A and C together can fill the ta...
Tap A can fill a tank in 9 hours. Tap B can fill 37.5% part of the same tank in 3 hours, whereas Tap C can alone empty a tank in ‘x’ hours. 2/5 part...
An inlet pipe can fill a tank in 8 hours, whereas an outlet pipe can empty the same tank in 16 hours. Find the time taken by three such inlet pipes and ...
Pipe A can fill a tank in 50% less time than it takes pipe B to empty it, while pipe C can fill the same tank in 25% less time than pipe B's emptying du...
In how many minutes can the faster Tap alone fill the tank, if Tap P and Q, working together, can fill the tank in 45 minutes and Tap P is three times f...
Pipe ‘A’ takes 15 minutes to fill a tank. Pipe ‘B’ takes 20 minutes to empty the same tank. If pipe ‘B’ is opened 12...
Tap ‘A’ and tap ‘B’ can fill a tank in 64 hours and 56 hours, respectively. If both taps are opened together, then find the time after which tap...
