Question
Consider the following statements about Foreign Direct
Investment? I. There are three routes through which FDI flows into India. II. In the automatic route, the foreign entity does not require the prior approval of the government or the RBI. III. FDI in Tobacco Industry in India is completely prohibited. Which of the following/s statement/s is/are not correct?Solution
Consider the following statements about Foreign Direct Investment? I. There are three routes through which FDI flows into India. II. In the automatic route, the foreign entity does not require the prior approval of the government or the RBI. III. FDI in Tobacco Industry in India is completely prohibited. Which of the following/s statement/s is/are not correct?
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