In India, in which of the following, Foreign Direct Investment (FDI) is not allowed?
A
Drugs and Pharmaceuticals
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B
Electricity Generation
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C
Defence
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D
Rail Transport
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Solution
The correct option is D Rail Transport In India, in Rail Transport, Foreign Direct Investment (FDI) is not allowed. In the railway sector FDI is not permitted by the Government of India. Railway sector is completely owned, managed and controlled by the Indian Government.