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Question

Which of the following Committee was set up for Foreign Direct Investment?

A
Deepak Parekh Committee
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B
DR R Cheliaha Committee
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C
Mayaram Committee
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D
Rajaman Committee
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Solution

The correct option is B Mayaram Committee
Dr Arvind Mayaram Committee was set up for Foreign Direct Investment. According to the committee, foreign investment of 10% or more in a listed company wil be treated as FDI.

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