Question

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.