Q523
Which statement is true in relation to the way of the arrival of foreign direct investment in India?
A.
Automatic route in called Delhi route
B.
FIPB works under the ministry of industry
C.
In relationship to FDI coming through automatic route, no prior approval in required from the government or the Reserve Bank
AnswerD.
FIPB is authorised to approve the investment of upto 1,200 crore
Answer: Option C
Solution
Answer: Option C
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