Question
What is the maximum foreign investment allowed in an
Indian insurance company?Solution
The Insurance Act, 1938 was amended in 2015 to increase the foreign investment limit in Indian insurance companies from 26% to 49%. In 2021, the government further increased the limit to 74% through the Insurance (Amendment) Act, 2021. Hence, option D is correct.
More Finance Lectures Questions
(49 x ?) / 3.5 + 389 = 627
What will come in the place of question mark (?) in the given expression?
59.92 × 15.11 + √4224 = ? + 144.9
- Simplify:
- What will come in the place of question mark (?) in the given expression?
? = 20% of 25% of 15% of 12000 - What will come in place of (?) in the given expression.
(84 + 36 ÷ 6) × 2 = ? (30 × 0.80)⁴ ÷ (2160 ÷ 60)⁴ × (54 × 16)⁴ = (6 × 4)?+5
(15/8) x [6924 – 2124] + 910 = ? + 190
(1/8) × (256 × 2)/(8 × 4) + ?3 = 1730
30% of 2200 +’?’ x 50 – 1020 = 11x 306 + (√ 2250 ÷ 0.1)
