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      Question

      Individual PROIs (Persons Resident Outside India) will

      see their individual investment limit in listed Indian companies increased from 5% to:
      A 10% Correct Answer Incorrect Answer
      B 15% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 24% Correct Answer Incorrect Answer
      E 49% Correct Answer Incorrect Answer

      Solution

      It is proposed to increase the investment limit for an individual PROI under the Portfolio Investment Scheme from 5% to 10%.

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