2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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4.243%
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6.825%
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7.2%
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8.745%
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Detailed explanation-1: -State Bank of India on Tuesday said it has acquired over 6.82 per cent stake in Zero Mass Pvt Ltd in a share transfer purchase agreement.
Detailed explanation-2: -Zero Mass Private Limited is a 15 years 10 months old Private Company incorporated on 20 Mar 2007. Its registered office is in Thane, Maharashtra, india. The Company’s status is Active, and it has filed its Annual Returns and Financial Statements up to 31 Mar 2022 (FY 2021-2022).
Detailed explanation-3: -[10th September, 1959.] An Act to provide for the formation of certain Government or Government associated banks as subsidiaries of the State Bank of India and for the constitution, management and control of the subsidiary banks so formed, and for matters connected therewith, or incidental thereto.
Detailed explanation-4: -The SBI was registered with an Authorised capital of Rs. 20 crores, and an issued and paid up capital of Rs. 562, 50, 000 divided into 562, 500 shares of Rs. 100 each.