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Question

Which policy allowed foreign companies to set up retail shops to sell goods in India?

A
FII policy of 2012
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B
FDI policy of 2012
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C
FDI policy of 2014
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D
FII policy of 2014
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Solution

The correct option is B FDI policy of 2012
According to the Foreign Direct Investment (FDI) policy of 2012, foreign companies can set up retail shops to sell goods in India. The FDI policy was expected to bring new infrastructural facilities. However, many opposed the implementation of this policy.

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