FDI in private sector banking sector is allowed up to _______,
A
26%
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B
49%
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C
74%
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D
100%
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Solution
The correct option is C 74% 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 private sector banking sector is allowed up to 74% in India.