2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dena Bank
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Canara bank
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State Bank of India
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ICICI Bank
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Detailed explanation-1: -Depending on how you agree to end the venture, you could exit by: selling the assets. listing the joint venture company on a public exchange. transferring the interests from one joint venture party to another.
Detailed explanation-2: -ICICI Bank –Bank of Rajasthan merger is the seventh voluntary merger in Indian banking sector, u/s 44A of the Banking Regulation Act, 1949. This is the ICICI Bank’s fourth acquisition after Sangli Bank. The background of the merger can be traced to the regulatory intervention of SEBI and RBI on Bank of Rajasthan.
Detailed explanation-3: -ICICI Lombard General Insurance Company Limited is a joint venture between ICICI Bank Ltd. and Canada based Fairfax Financial Holdings Ltd.
Detailed explanation-4: -If there is mutual consent among the parties, the joint venture is terminated at any time, even before the determined date. If the parties foresee the impracticability, they might end up deciding to terminate the joint venture.