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?

1. 

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?
[A]. Rs 4,000 crore
[B]. Rs 5,000 crore
[C]. Rs 2,000 crore
[D]. Rs 3,000 crore

Answer: Option B

Explanation:

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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