Question
An Indian entity is allowed to invest up to _____ of its
net worth in overseas portfolio investment.Solution
Finance Ministry has notified new rules and regulations for overseas investment. An Indian entity can make investment up to four times of net worth in a foreign entity. It is allowed to invest up to 50% of its net worth in overseas portfolio investment. As per Foreign Exchange Management (Overseas Investment) Rules 2022, an Indian entity may make Overseas Direct Investment (ODI).
Who is the author of the recently released “MODI@20: Dreams Meet Delivery” book?
In which year were Economic Reforms launched in India?
Which sector contributes the most to India's GDP?
In which of the following countries, scientists have discovered the remains of ‘Wilson’s little Penguin’?
Which one of the following is not one of the main objectives of the (Special Economic Zones Act) SEZ Act 2005?
What does the “C” stand for in LCR?
What does 'VAT' stand for in the context of taxation?
What does 'SLR' stand for in the context of banking regulations?
_________ will assume office as president of the Financial Action Task Force (FATF) on July 1 and will serve a fixed two-year term.
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
