2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Srinivasan Natarajan
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Vineet Nayyar
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Chandra Shekhar Rajan
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Malini Shankar
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Detailed explanation-1: -Dileep Vishwakarma. CS Rajan The term of Uday Kotak, who was appointed as chairman of crisis-hit Infrastructure Leasing and Finance Ltd (IL&FS) is ending this week and the Union government has appointed CS Rajan, who is managing director (MD), as the new chairman for six months.
Detailed explanation-2: -LIC is already the largest shareholder in IL&FS with a 25% stake, which it may raise. Apart from LIC, India’s largest public sector bank State Bank of India is also likely to participate in the rights issue. “The IL&FS Group is involved in many infrastructure projects including through equity and debt financing.
Detailed explanation-3: -In pursuant to the acquisition of IL&FS Mutual Fund by UTI Mutual Fund, all the schemes of IL&FS mutual fund will be transferred to UTI mutual fund with effect from July 05, 2004.