QUESTION- The govt has transferred the full ownership of AIR INDIA along with its control and management to which Indian company?
(a) Tata Sons subsidiary Talace
(b) Reliance group
(c) L &T
(d) Birla group
Ans-a
Related facts-
- Tatas will get Air India’s fleet of 141 planes,along with ownership of iconic brands like Air India,Indian airlines and the maharajah
- As many as 13,500 permanent and contractual employees will also move to the TATA fold.
- A consortium of lenders led by SBI will provide both term loans and working capital loans for the airline.
- Disinvestment means the market activity in which the government sells or liquidates government-owned assets.
BY -AKASH SINGH