In which of the following areas, 100% FDI is not allowed?

Drugs and pharmaceuticals

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Hotels & Tourism

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Courier Services

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Railways

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Solution

The correct option is D Railways
Railways are the monopoly of the Indian government as it is one of the fastest, cheapest, and most widespread modes of transportation in India after airlines. Therefore, the government does not want foreign countries to hold the ownership of Indian railways being the cheapest mode of transportation.
Hence, D is the correct option.

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Similar questions

Q59) Which of the following statement(s) is/are correct as per data on sector-wise Foreign Direct Investment (FDI) inflows?

1) It is maintained by the Department of Industrial Policy & Promotion (DIPP), Government of India

2) 100% FDI has been allowed in coffee and olive oil tree plantations

3) In tea plantation 49% FDI has already been allowed

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With 100% FDI in India, which challenge do the small scale industries face?

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