1.

Reliance Mutual Fund has been renamed as Nippon India Mutual Fund following the purchase of 75% stake in Reliance Nippon Life Asset Management by Nippon Life Insurance. Nippon is the company of which country?1. France2. Russia3. USA4. Germany5. Japan

Answer» Correct Answer - Option 5 : Japan

The correct answer is option 5 i.e Japan

  • Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF).
  • The organization was renamed following the purchase of 75% stake in Reliance Nippon Life Asset Management by Nippon Life Insurance.
  • Nippon India Mutual Fund has become the largest foreign-owned Asset Management Company in India.
  • Sundeep Sikka will continue to lead the company as the CEO.


Discussion

No Comment Found

Related InterviewSolutions