CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ReNew Power Ventures Pvt Ltd has announced that it sold _________ per cent stake in the company to Japanese firm JERA for USD 200 million
A
10
B
20
C
30
D
40
Explanation: 

Detailed explanation-1: -ReNew Power Ventures Pvt. Ltd is raising $200 million by selling a 10% stake to Japan’s JERA Co. Inc., as the renewable energy company continues to attract global investors to execute its expansion plans. The deal values the company at $2 billion (Rs 13, 400 crore), chairman and CEO Sumant Sinha said on Tuesday.

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