CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Indian company is set to acquire Mumbai based private sector general insurer Raheja QBE General Insurance Company Limited in a deal worth around $76 million?
A
Myntra
B
Paytm
C
Flipkart
D
Phonepe
Explanation: 

Detailed explanation-1: -40. Which Indian company is set to acquire Mumbai based private sector general insurer Raheja QBE General Insurance Company Limited in a deal worth around $76 million? Explanation: Indian e-commerce payment system Paytm & QorQl Pvt.

Detailed explanation-2: -Paytm, owned by One 97 Communications Ltd. along with its founder Vijay Shekhar Sharma, is set to acquire private sector general insurer Raheja QBE.

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