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Question

FDI upto ______ is being allowed in defense production.

A
26%
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B
49%
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C
74%
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D
51%
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Solution

The correct option is B 49%
FDI upto 49% is being allowed in defense production. FDI stands for Foreign Direct Investment. FDI can be defined as a form of investment which controls the ownership of a business in one country by an entity based in another foreign country.In India, defense production takes place at a very prominent level.

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