Question

    Recently SEBI has given how many more years’ time to Life Insurance Corporation of India (LIC) to comply with the minimum public shareholding rules?

    A 02 years Correct Answer Incorrect Answer
    B 01 year Correct Answer Incorrect Answer
    C 03 years Correct Answer Incorrect Answer
    D 04 years Correct Answer Incorrect Answer

    Solution

    LIC was listed on May 17, 2022. “Sebi, through its letter dated May 14, 2024, has conveyed its decision to grant LIC additional time of  three years  to achieve 10 per cent public shareholding

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