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Commerce · Q523

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 523

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
Answer
D.
FIPB is authorised to approve the investment of upto 1,200 crore

Answer: Option C

Solution

Answer: Option C
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