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).
Which one of the following Articles of the Constitution of India prohibits employment of children in factory or mine or any other hazardous employment?
In Fencing, a contest between the two fencers is known as:
The Reserve Bank of India (RBI) in Dec, 2021 introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs). Fi...
Which one of the following was not provided in the Regulating Act of 1773?
Select the best alternative.
Darwin : Evolution :: Archimedes : ?
UPI Switch, launched by Razorpay in partnership with Airtel Payments Bank, can handle up to __ transactions per second .
Which of the following styles of painting belongs to Maharashtra?
Masked Aadhaar number implies replacing of How many digits of Aadhaar number with some characters like “xxxx-xxxx”?
Which of the following is a feature of the Indian Constitution?
Which of the following is the national fruit of Sri Lanka?