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Saikat

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· 1 Months ago

GOI holds 99% share of NABARD (Question: 224707.0 )

The transfer of 71.5 per cent shareholding of the Reserve Bank amounting to Rs 1430 crore (Rupees one thousand four hundred and thirty crore) in NABARD has been effected on October 13, 2010. Now the Reserve Bank holds one per cent of shareholding in NABARD and the Government of India 99 per cent.

Question:

Government holds  how much % stake in NABRAD ?

Options:
A)

 

1%

B)

 

99%

C)

 

90%

D)

 

10%

E)

 

None of these

Solution:

Ans: (e) None of these

Reserve Bank’s holding in NABARD has come down to 0.4 per cent of shareholding in NABARD.  The Government of India now holds 99.6 per cent of the stake.

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