Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.412)

412. 

The union Government of India has approved Foreign Direct Investment (FDI) of what percent?

[A]. 50
[B]. 69
[C]. 74
[D]. 81

Answer: Option C

Explanation:

The union Government of India have approved Foreign Direct Investment (FDI) of 74%. This FDI has been allowed under the automatic route in defence sector. This will attract more overseas investors in the defence industry. This announcement was made by the Department for Promotion of Industry and Internal Trade (DPIIT)

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