Q46
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-
A.
USA
B.
Japan
AnswerC.
France
D.
Germany
Answer: Option B
Solution
Answer: Option B
Solution:
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.