2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Supreme Court
|
|
|
Ministry of Education
|
|
|
Union Cabinet
|
|
|
Planning Commission
|
Detailed explanation-1: -The Union Cabinet on 9th March 2022 has approved setting up of National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore.
Detailed explanation-2: -Department of Public Enterprises | Ministry of Finance | Government of India.
Detailed explanation-3: -By India Today Web Desk: On March 9, 2022, the Union Cabinet approved the formation of the National Land Monetisation Corporation (NLMC). NLMC will be established as a wholly-owned Indian government business with a paid-up share capital of Rs. 150 crores and initial authorised share capital of Rs.
Detailed explanation-4: -The registered office of National Land Monetization Corporation Limited is at ROOM NO. 416, 4TH FLOOR BLOCK NO. 14, CGO COMPLEX, DELHI, South Delhi, Delhi.
Detailed explanation-5: -The Union Cabinet has approved the creation of the National Land Monetisation Corporation (NLMC). The Union Finance Minister had announced in the Union Budget 2021-22 it as a Special Purpose Vehicle (SPV) to carry out monetisation of government and surplus land holdings of public sector undertakings (PSU).