Question

In the New Industrial Policy 1991, direct foreign investment in high priority industries will be allowed upto __________.

• A. 40%
• B. 45%
• C. 50%
• D. 51%

Answer 1

The correct option is D 51%

In the New Industrial Policy 1991, direct foreign investment in high-priority industries will be allowed up to 51%. New Industrial Policy was adopted by the Government of India in the year of 1991. It was adopted in order to create a more free and competitive economy. The main objective of any industrial policy is to augment industrial production and thereby enhance industrial growth.

Hence, option (D) is the correct answer.