Question

What is the FDI limit in the Telecom sector under automatic route?

A 26% Correct Answer Incorrect Answer
B 51% Correct Answer Incorrect Answer
C 49% Correct Answer Incorrect Answer
D 74% Correct Answer Incorrect Answer
E 100% Correct Answer Incorrect Answer

Solution

In October 2021, the government allowed 100 per cent foreign direct investment  in the telecom sector through automatic route to promote ease of doing business in the industry. Earlier, 100 per cent of FDI was allowed, of which 49 per cent of investment was permitted through automatic route.

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