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Commerce · Q682

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 682

Q682

According to the FDI Policy of the Government of India (2012), the FDI in banks is limited to

A.
20% in Nationalised Banks and 74% in Private Sector Banks
Answer
B.
20% in Nationalised Banks and 49% in Private Sector Banks
C.
16% in Nationalised Banks and 74% in Private Sector Banks
D.
49% in Nationalised Banks and 51% in Private Sector Banks

Answer: Option A

Solution

Answer: Option A
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