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Question
Which of the following statements is incorrect about foreign investment in India?
Options
Foreign Portfolio Investment (FPls) can invest up to 51% in multi-brand retail
FPI up to 49% through automatic route is permissible across sectors
49% FPI in Brownfield pharma projects is allowed
Foreign retailers are not able to have direct management control of an Indian venture.
MCQ
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Solution
Foreign Portfolio Investment (FPls) can invest up to 51% in multi-brand retail
shaalaa.com
Economic Current Affair (Entrance Exam)
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