RCB Acquisition: Aditya Birla Group-led Consortium Buys IPL Team for ₹16,000 Crore
The deal involves the complete 100% stake purchase from United Spirits Limited, a subsidiary of the global giant Diageo plc.
The consortium includes high-profile members: Aditya Birla Group, Times of India Group, Bolt Ventures (David Blitzer), and Blackstone.
This transaction represents one of the most expensive and historic deals in the history of the Indian Premier League (IPL).
Exam Perspective: Large-scale corporate acquisitions in the sports sector reflect the growing economic valuation of Indian sports franchises.
Key Facts / Static GK
Aditya Birla Group Chairman: Kumar Mangalam Birla
IPL full form: Indian Premier League
Q Practice Quiz — 25 March 2026
1. Which organization developed the 'Real-time Internal Audit Portal' launched by the Ministry of Rural Development?
Explanation: The Real-time Internal Audit Portal was developed by the National Informatics Centre (NIC) under the Ministry of Electronics and Information Technology (MeitY).
2. The Lipulekh Pass, which is set to resume border trade in 2026, connects India with which of the following regions?
Explanation: The Lipulekh Pass is a historic route connecting the Pithoragarh district of Uttarakhand, India, with Tibet (China).
3. What is the new minimum investment requirement for Social Impact Funds (SIFs) as per the SEBI 213th Board Meeting reforms?
Explanation: SEBI reduced the minimum investment threshold for Social Impact Funds (SIFs) from ₹2 lakh to ₹1,000 to make them accessible to retail investors.
4. Under the DEA Fund Scheme 2014, after how many years of inactivity must a bank transfer the credit balance to the RBI?
Explanation: Under the DEA Fund Scheme 2014, banks are required to transfer credit balances in accounts that have been inactive for 10 years or more to the DEA Fund.
5. According to the National Generation Adequacy Plan, what is India's projected total power capacity by the year 2035–36?
Explanation: The plan projects that India's installed power generation capacity will increase to 1,121 Gigawatt (GW) by the year 2035-36.
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