Who has become the first Indian company to have over 50 lakh shareholders of March 31, 2023?

Today General Knowledge(GK)

YES Bank

Tata Power

Reliance Industries

Adani Power

Correct Answer : Option (A) - YES Bank

Private sector lender YES Bank has become the first Indian company to have over 50 lakh shareholders, according to the shareholding pattern of the bank on 31st March 2023.

* Tata Power was a far second with 38.5 lakh shareholders, followed by Reliance Industries with 33.6 lakh shareholders, according to the December 2022 shareholding disclosures.

* The bank had 50.6 lakh shareholders as of March 31, 2023, all of whom were public shareholders. This was an increase from 48.1 lakh shareholders as of December 2022, most likely owing to the end of the three-year lock-in period for shareholders that held equity shares of the bank when it underwent the reconstruction scheme in March 2020.

* The end of the lock-in period on March 13 allowed for more shares of the bank to be available for public trade. As such, the number of shareholders of the bank has been steadily increasing since the 17.9 lakh shareholders at the time of implementation of the YES Bank reconstruction scheme.

* Since then, the total number of shares held has also more than doubled from 1,255 crore to 2,875 crore..

Source : H B

Published On : April 14, 2023

Category : Banking

Recent General Knowledge Questions

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NIPFP Forecasts India’s FY25 GDP Growth at____.

5.8%

6.3%

6.7%

7.1%

Correct Answer : 7.1%

The National Institute of Public Finance and Policy (NIPFP) predicts India’s GDP growth for the fiscal year 2024-25 to be 7.1%. Utilizing high-frequency models, NIPFP underscores the government’s fiscal consolidation efforts, emphasizing tax buoyancy and compression of revenue expenditure.

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While NIPFP’s forecast stands at 7.1%, other entities such as the Asian Development Bank (ADB) and Fitch Ratings estimate a growth rate of 7%. In contrast, the International Monetary Fund (IMF), S&P Global Ratings, and Morgan Stanley project a slightly lower growth rate of 6.8% for FY25, indicating varying perspectives on India’s economic trajectory.

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Published On : April 27, 2024

Category : Indian Economy

Q .

Where is the Archery World Cup 2024 being organized?

China

India

Malaysia

South Korea

Correct Answer : China

The Archery World Cup 2024 has begun 23rd April 2024 in Shanghai, China. India’s Jyothi Surekha Vennam finished second in the women’s compound qualification round at Stage I.

The 27-year-old Asian Games gold medallist shot a score of 711 to finish behind Andrea Becerra of Mexico, who had a score of 713.

Meanwhile, the reigning world champion from India, Aditi Swami, finished eighth in the qualification round with a score of 704. The other two Indians, Parneet Kaur (703) and Avneet Kaur (696) finished 14th and 23rd, respectively.

The Indian women’s team, comprising top three scorers Vennam, Swami, and Parneet, finished as the best team in the qualification round with a total score of 2118. The Indian women’s team will, thus, start as the top seeds in the competition, ahead of South Korea (2117) and Mexico (2116). The teams are ranked by adding the individual scores of the top three archers from the country.

In the men’s compound qualification round, no Indian finished in the top 10 of the individual event..

Source : AIR

Published On : April 25, 2024

Category : Sports

Q .

Who has been appointed as the brand ambassador of ICC Men's T20 World Cup 2024?

MS Dhoni

Lionel Messi

Usain Bolt

Sachin Tendulkar

Correct Answer : Usain Bolt

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* At the 2012 London Olympics, he again won gold medals in the 100 metres, 200 metres and 4x100 metres.

* Finally, in the 2016 Rio Olympics, he won gold in 100 metres, 200 metres and 4x100 metres.

* Bolt currently holds world records in the 100 metres, 200 metres and 4x100 metres with times of 9.58 seconds, 19.19 seconds and 36.84 seconds, respectively.

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Published On : April 25, 2024

Category : Sports