CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In June 2020, IL&FS has completed the sale of its how much percent stake in Gujarat International Finance Tec-City(GIFT City) to the Gujarat Government?
A
20
B
30
C
40
D
50
E
60
Explanation: 

Detailed explanation-1: -Debt-laden IL&FS on Monday said it has completed the sale of its 50 per cent stake in Gujarat International Finance Tec-City (GIFT City) to the Gujarat government for Rs 32.71 crore.

Detailed explanation-2: -In 2008, the then-Gujarat Chief Minister Mr. Modi first announced that the state government would build a ‘Nano city’ and the Gujarat International Finance Tec-City (GIFT) at Gandhinagar.

Detailed explanation-3: -Gujarat International Finance Tec-City (GIFT) GIFT City is an integrated development on 886 acres of land with 62 mn sq.

Detailed explanation-4: -Gujarat International Finance Tec-City (GIFT City) is central business district under-construction in Gandhinagar and Ahmedabad in Gandhinagar district in Gujarat, India.

Detailed explanation-5: -Gujarat International Finance Tec-City (GIFT City) is a business district currently under construction on the banks of the Sabarmati river in Gujarat state, India. It aims to be a ‘smart city’ for India’s growing finance and technology sectors.

There is 1 question to complete.