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Which of the following describes the participation of IDBI, IFCI and ICICI in sponsoring Stock Holding…

IDBI, IFCI and ICICI were all among the institutions that sponsored Stock Holding Corporation of India Limited. Its establishment involved several financial institutions,…

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Which of the following describes the participation of IDBI, IFCI and ICICI in sponsoring Stock Holding Corporation of India Limited at its establishment?

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Answer and explanation

Correct answer D

IDBI, IFCI and ICICI were all among the institutions that sponsored Stock Holding Corporation of India Limited. Its establishment involved several financial institutions, rather than any one of these institutions acting alone.

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  • Gujarat SET (GSET)

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