Question

FIFP is the new online single point interface of the Government of India for investors to facilitate Foreign Direct Investment, what is the full form of FIFP?

A Foreign International Facilitation Portal Correct Answer Incorrect Answer
B Foreign Investment Formation Portal Correct Answer Incorrect Answer
C Foreign Investment Facilitation Portal Correct Answer Incorrect Answer
D Foreign Indirect Investment Facilitation Portal Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Foreign Investment Facilitation Portal (FIFP) is the new online single point interface of the Government of India for investors to facilitate Foreign Direct Investment. This portal is being administered by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. The Foreign Investment Facilitation Portal (FIFP) was developed after the abolition of Foreign Investment Promotion Board (FIPB) in May 2017.

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