Current Affairs · Banking and Finance
Consider the following statements regarding the partnership between Jio Financial Services and Allianz: I. They have entered into a binding agreement to form a 50:50 primary insurance joint venture covering exclusively the life insurance sector in India. II. Jio Financial Services Limited (JFSL) is a Core Investment Company (CIC) registered with the Reserve Bank of India. Which of the above statements is/are correct?
- 1Neither I nor II
- 2Both I and II
- 3Only II✓
- 4Only I
Correct answer
Only II
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