As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India?

49 per cent through the automatic route

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

26 per cent through the government route

No worries! We‘ve got your back. Try BYJU‘S free classes today!

26 per cent through the automatic route and beyond that up to 49 per cent through the government route

No worries! We‘ve got your back. Try BYJU‘S free classes today!

75 per cent through the automatic route

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B 49 per cent through the automatic route
Currently, foreign investment up to 49 percent is permitted under the automatic route, and foreign investment beyond 49 percent and up to 100 percent is permitted through government approval.

Suggest Corrections

Similar questions

Q. In January 2018, Government of India allowed _____ per cent FDI in single brand retail through automatic route

20. Which of the following statements are true regarding ports in India?

1. Only a 50% of our country’s export-import trade is done through ports.

2. The Indian Government has allowed Foreign Direct Investment (FDI) of up to 100 per cent under the automatic route for port and harbour construction and maintenance projects.

Q. Consider the following statements about Rules notified by Union Government for e-commerce recently.Which of the following statement(s) is/are correct?

None of the above
Only 1
Both 1 and 2
Only 2

Which of the following statements is/are correct about the routes under which an Indian company may receive Foreign Direct Investment:

Code:

2 only
Both 1 and 2
Neither 1 nor 2
1 only

Q. Consider the following statements:

1.

In Private sector banking

100

% Foreign Direct Investment through automatic route in India is allowed.

2.

Foreign Direct Investment is not allowed in real estate business in Indian economy.
Which of the statements given above is/ are correct?

Join BYJU'S Learning Program

As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India?

The correct option is B 49 per cent through the automatic routeCurrently, foreign investment up to 49 percent is permitted under the automatic route, and foreign investment beyond 49 percent and up to 100 percent is permitted through government approval.

The correct option is B 49 per cent through the automatic route
Currently, foreign investment up to 49 percent is permitted under the automatic route, and foreign investment beyond 49 percent and up to 100 percent is permitted through government approval.