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Question

FDI in defense sector is allowed upto _______.

A
100%
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B
not allowed
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C
49%
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D
74%
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Solution

The correct option is C 49%
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm from one country into business interests of different country. FDI in defense sector is allowed upto 49%.

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