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Economy - Current Affairs and GK

Q1:

What percentage of stake is the Indian government planning to divest in NLC India?

A 5%

B 6%

C 8%

D 7%

ANS:D - 7%

The Indian government aims to divest a 7% stake in NLC India through an Offer for Sale (OFS) route, intending to raise approximately Rs 2,100 crore. This move aligns with the government's disinvestment strategy to mobilize funds and meet fiscal targets