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Nippon Life Insurance has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent. Nippon Life Insurance based in-

Nippon Life Insurance has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent. Nippon Life Insurance based in- Correct Answer Japan

Nippon Life Insurance has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent. Nippon Life Insurance based in- Japan.

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Reliance Mutual Fund has been renamed as Nippon India Mutual Fund following the purchase of 75% stake in Reliance Nippon Life Asset Management by Nippon Life Insurance. Nippon is the company of which country?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Textiles maker Arvind Ltd. is planning to invest Rs. 500 crore per annum for the next 4-5 years with an aim to double revenue from its textile business to Rs. 12,000 crore. The company is in the process of de-merging its brands and engineering businesses into separate entities.  Courses of action: I. The company is looking dramatic ramp up in garmenting (making garments from fabrics) from 10 per cent at present to 50 per cent over time. A big chunk of this planned investment will be for garmenting. II. The company will be looking at developing 3 large garment clusters in Jharkhand, Andhra Pradesh and Gujarat. Each of these clusters will employ 4,000-8,000 workers.  III. The company is planning to double its textile business from Rs. 6,000 crore to Rs. 12,000 crore in 5 years time. It plans to invest Rs. 500 crore every year for the next five years to expand its textile business.
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow (s) for pursuing. Statement: With one year to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs. 31,000 crore and PPP projects worth Rs. 32,000 crore for the states to work on. Courses of Action: I. The move follows directives from the Prime Minister. During a review of Smart Cities mission last week, PM Modi had emphasized on early implementation of projects and suggested that the chief secretaries of all states should review the progress of the implementation. II. These identified projects account for an investment of Rs. 31,112 crore. The states have also been asked to work on 370 PPP projects that involve an investment of Rs. 32,410 crore The impactful projects identified range from building 40 outdoor fitness centres in New Delhi Municipal Council area at a cost of Rs. 1.31 crore to redevelopment of 340 acre area in Bhopal at a cost of Rs. 3,000 crore.  III. Secretary (housing and urban affairs) D. S. Mishra has written to chief secretaries of states and asked them to focus on the belated implementation of smart city projects that have a visible and transformative impact in the lives of citizens in identified smart cities.
Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of Nippon India Taiwan Equity Fund. The fund will be mentored by which of the following?
Tata Sons' subsidiary, Panatone Finvest Limited has signed a definitive agreement to pick how much per cent stake in Tejas Networks, for ₹1,850 crore?
In January 2021, Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy how much per cent stake in designer brand Sabyasachi for Rs 398 crore?
The following question consists of six sentences of a passage. The first and the sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly S1: Union finance ministry announced a series of concessions to trade and industry last month. S6: Manufacturers "feel that prices of certain components may not be brought down because of the imposition of a 30 per cent duty where there was none earlier. P: Together, these will result in a loss of revenue of Rs. 100 crore to the exchequer. Q: Earlier, these were attracting customs duty varying from zero to 100 per cent. R: The chunk of the relief of Rs. 60 crore has gone to the electronics industry. S: Raw materials and piece parts now carry customs duty of 30 per cent and 40 per cent ad valorem respectively. The correct sequence should be
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Kalyan Jewellers has chalked out an aggressive expansion plan to double its retail stores to 250 in India and abroad as well as the turnover to Rs. 25,000 crore over the next five years.The Kerala-based jeweller currently operates 100 stores in the country and 32 overseas with a turnover of Rs. 10,500 crore in the 2017-18 fiscal year. Courses of action: I. The company is targeting to reach 250 stores in the next five years and investments will be met through internal accruals.  II. The company is expanding its retail network aggressively. In this fiscal, it earmarked Rs. 1,000 crore to open new stores. Already, Rs. 600 crore has been spent to launch 10 stores in the first of this fiscal and the remaining Rs. 400 crore will go towards adding 9-10 more stores by March 2019. III. The company is ‘hyper-local’ in nature and jewellery designs sold in each store keeps in mind the taste and traditions of the local region.
With which of the following has Reliance Nippon Life Asset Management joined hands to enable the customers of Reliance Mutual Fund to carry out voice-based financial transactions?