Q11
Limit of FDI in Insurance sector:
A.
74%
AnswerB.
50%
C.
49%
D.
51%
Answer: Option A
Solution
Answer: Option A
Solution:
Parliament on 22 March 2021 passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49% in an attempt to attract more overseas insurance players to India.