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

Code:

Only 1&2

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Only 2 &3

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Only 1 & 3

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None of the above

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Solution

The correct option is A
Only 1&2

Ans:59)(a) To attract more FDI in agriculture sector, 100% FDI has been allowed in coffee, rubber, cardamom, palm oil tree and olive oil tree plantations, besides tea plantation in which 100% FDI has already been allowed.

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The correct option is A Only 1&2 Ans:59)(a) To attract more FDI in agriculture sector, 100% FDI has been allowed in coffee, rubber, cardamom, palm oil tree and olive oil tree plantations, besides tea plantation in which 100% FDI has already been allowed.

The correct option is A
Only 1&2

Ans:59)(a) To attract more FDI in agriculture sector, 100% FDI has been allowed in coffee, rubber, cardamom, palm oil tree and olive oil tree plantations, besides tea plantation in which 100% FDI has already been allowed.