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      Question

      What is the new proposed limit for foreign direct

      investment (FDI) in India’s insurance sector?
      A 74% Correct Answer Incorrect Answer
      B 90% Correct Answer Incorrect Answer
      C 80% Correct Answer Incorrect Answer
      D 95% Correct Answer Incorrect Answer
      E 100% Correct Answer Incorrect Answer

      Solution

      The Union Cabinet has approved a proposal to raise the FDI limit in the insurance sector to 100%, up from the previous 74%. This will be formalized through a bill during the winter session of Parliament.

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