CBI FIR Against Subhash Chandra Over ₹1,322 Crore LIC Housing Finance Case | Current Affairs MCQ

Which housing finance company was allegedly affected by a wrongful loss of approximately ₹1,322 crore in the CBI case involving Essel Group Chairman Subhash Chandra?

✅ Correct Answer: LIC Housing Finance Limited (LICHFL)

In this important Current Affairs MCQ, learn about the CBI FIR against Subhash Chandra and associated entities in connection with alleged financial irregularities involving LIC Housing Finance Limited.

According to reports, the CBI registered an FIR after a complaint by LIC Housing Finance. The case concerns two loan facilities and alleged financial misrepresentation. LICHFL has alleged a wrongful loss of more than ₹1,322 crore. The allegations are under investigation and should not be treated as proven facts. :contentReference[oaicite:0]{index=0}

📚 IN THIS QUESTION:

• Central Bureau of Investigation (CBI)
• Subhash Chandra
• Essel Group
• LIC Housing Finance Limited
• ₹1,322 Crore Case
• Financial Irregularities
• Loan Facilities
• Banking & Finance Current Affairs
• Corporate Finance
• CBI Investigations
• Important Current Affairs MCQ

🎯 USEFUL FOR:

• UPSC
• SSC CGL
• SSC CHSL
• SSC GD
• Banking Exams
• IBPS PO & Clerk
• SBI PO & Clerk
• RBI Exams
• Railway Exams
• RRB NTPC
• NDA
• CDS
• AFCAT
• CAPF
• State PCS
• Defence Exams
• Government Exams
• Current Affairs Preparation

📌 QUICK REVISION:

CBI FIR → Subhash Chandra → LIC Housing Finance → ₹1,322 Crore Alleged Loss → Banking & Financial Current Affairs

💡 WHY THIS QUESTION MATTERS:

Banking, finance, corporate affairs, financial investigations and major CBI cases can be relevant for General Awareness and Current Affairs sections of competitive examinations.

Watch the complete video, learn the fact and revise this important Current Affairs question.

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