2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
12
|
|
|
7
|
|
|
10
|
|
|
9
|
Detailed explanation-1: -The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega initial public offering of country’s largest insurer LIC.
Detailed explanation-2: -LIC Initial Public Offer to be Managed by 10 Top Merchant Bankers!
Detailed explanation-3: -The Department of Investment and Public Asset Management said in a notice on Wednesday that it has appointed Goldman Sachs, JP Morgan, Citigroup, Nomura, Bank of America Securities, JM Financial, SBI Caps, Kotak Mahindra Capital, ICICI Securities and Axis Capital to manage the IPO.
Detailed explanation-4: -(1) The issuer shall appoint one or more merchant bankers, at least one of whom shall be a lead merchant banker and shall also appoint other intermediaries, in consultation with the lead merchant banker, to carry out the obligations relating to the issue.
Detailed explanation-5: -Lead managers to the issue: Kotak Mahindra Capital, Axis Capital, Bofa Securities, CItigroup Global markets India, Nomura Financial Advisory, Goldman Sachs India Securities, ICICI Securities, JM Financial, JP Morgan India, SBI Capital.