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<html><body><h2 id="content-id-7913620584-2"><b>Current Affairs Questions Overview</b></h2><p>Current Affairs Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Current Affairs Questions.</p><h2 id="content-id-6032154879-3"><b>Question On Current Affairs </b></h2>The Reserve Bank of India has approved HDFC Bank and its group entities to acquire up to 9.5% stake in IndusInd Bank. Under this approval, certain HDFC group companies are included while calculating the aggregate holding limit. Which of the following HDFC group entities is NOT included under the RBI-approved aggregate holding limit?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 41 Seconds </h3></div></div><h2 id="content-id-2081653794-4"><b> Current Affairs Questions Options</b></h2><ol><li><p>HDFC Mutual Fund</p>
</li><li><p>HDFC Life Insurance Company Limited</p>
</li><li><p>HDFC ERGO General Insurance Company Limited</p>
</li><li><p>HDFC Pension Fund Management Limited</p>
</li><li><p>HDFC Asset Reconstruction Company Limited</p>
</li></ol> <h2 id="content-id-8069157423-5"><b> Current Affairs Questions Solution</b></h2><p>The correct answer is <strong>Option 5</strong> i.e.<strong> HDFC Asset Reconstruction Company Limited.</strong></p>

<p>Based on the RBI's approval for HDFC Bank and its group entities to acquire up to 9.5% in IndusInd Bank, the entity <strong>NOT</strong> included in the aggregate holding limit calculation is <strong>HDFC Asset Reconstruction Company Limited</strong>.</p>

<p>The "aggregate holding" refers to the combined shareholding of the promoter group. The RBI-approved limit specifically includes:</p>

<ul>
	<li>
	<p><strong>HDFC Mutual Fund</strong></p>
	</li>
	<li>
	<p><strong>HDFC Life Insurance Company Limited</strong></p>
	</li>
	<li>
	<p><strong>HDFC ERGO General Insurance Company Limited</strong></p>
	</li>
	<li>
	<p><strong>HDFC Pension Fund Management Limited</strong></p>
	</li>
</ul>

<p>The exclusion of the Asset Reconstruction Company is due to its distinct regulatory nature and primary function of distressed asset management, which typically separates its equity investments from the group's strategic banking acquisitions.</p>


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The correct answer is Option 5 i.e. HDF - Current Affairs Questions are asked in Ssc Chsl exams and your question has been explained by experts like Neetu Mam.

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