Combined Stake of Central and State Government in GSTN is _______.

Question

Q.

Combined Stake of Central and State Government in GSTN is _______.

[A] 20%

[B] 25%

[C] 49%

[D] 51%

[E] 100%

Answer & Explanation
Option: [C]

The Central and the state governments hold a combined stake of 49%, the remaining 51% stake is divided among five financial institutions—LIC Housing Finance with 11% stake and ICICI Bank, HDFC, HDFC Bank and NSE Strategic Investment Corporation Ltd with 10% stake each.

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Q.

Combined Stake of Central and State Government in GSTN is _______.

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