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).
What is the main objective of the Shri Mata Vaishno Devi Narayana Healthcare TB Mukt Express flagged off by Dr. Jitendra Singh?
What is the name of the humanoid robot to be featured in ISRO’s upcoming uncrewed Gaganyaan mission?
What is the primary objective of the One District One Product (ODOP) program's collaboration with the Ministry of Rural Development?
With the addition of Khichan and Menar, how many Ramsar sites does India now have?
Moody’s Projected India’s GDP growth forecast in FY22 at ?
Statement 1: Contributions to the PM-SYM scheme vary based on the age at which a worker joins the scheme.
Statement 2: The scheme allows for a on...
What is the theme of the International Day of Plant Health 2025?
Which airline would become the first airline in the world to use Solar (sun-to-liquid) fuel?
Recently which of the following countries has ratified the Economic Cooperation and Trade Agreement ( ECTA ) with India?
Railways to renovate 1,000 small stations under which of the following central government?
