The Economic Survey 2021-22 states that the government has set up NLMC to fast t

Question

The Economic Survey 2021-22 states that the government has set up NLMC to fast track monetisation of land and non-core assets of public sector entities. What is the initial authorised share capital of NLMC?

Options:

A . Rs 4,000 crore

B . Rs 2,000 crore

C . Rs 3,000 crore

D . Rs 5,000 crore

Answer: Option D

National Land Monetisation Corporation will have an initial authorised share capital of Rs 5,000 crore and subscribed share capital of Rs 150 crore.

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