alleryStart learning →Which stake did the Gujarat government buy out in 2018 to reduce delays at GIFT City?
AThe 50% stake of IL&FS
BA 50% stake of Huawei
CThe 25% stake of Accor
DThe 75% stake of BSE
Answer & Solution
Correct answer: A. The 50% stake of IL&FS
The state government bought out the 50% holding of the troubled IL&FS in GIFT City to minimise project delays.
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