Which organization surpassed the State Bank of India (SBI) to become the most valuable Public Sector Undertaking (PSU) with a market capitalization of 5.8 Lakh Crore?

Question

Which organization surpassed the State Bank of India (SBI) to become the most valuable Public Sector Undertaking (PSU) with a market capitalization of 5.8 Lakh Crore?

A. ONGC

B. BHEL

C. LIC

D. IOCL

Correct Answer :

C. LIC

Life Insurance Corporation of India (LIC) achieved a significant milestone by surpassing the State Bank of India (SBI) in market capitalization. With LIC's share price rising over 2% to reach 52-week highs of 919.45, its market cap exceeded 5.8 Lakh Crore, making it the most valuable PSU. The article explores LIC's impressive comeback, its journey since listing, and the contributing factors to its remarkable revival.

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Comment

Which region has the highest life expectancy after the age of 60, with males exhibiting a life expectancy of 20.3 per cent and females of 23.0 per cent?

D. Assam

Which organization surpassed the State Bank of India (SBI) to become the most valuable Public Sector Undertaking (PSU) with a market capitalization of 5.8 Lakh Crore?

Correct Answer :

Show all Current Affairs January 2024 MCQ

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