Question
Which of the following statements regarding Foreign
Institutional Investment (FII) in India are correct? 1. Non-Resident Indians (NRIs) are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS) of Reserve Bank of India. 2. The ceiling for overall investment for FIIs is 24 per cent of the paid-up capital of the Indian company. 3. Securities and Exchange Board of India monitors the ceilings on FII investments in Indian companies on a daily basis. Select the correct answer using the code given below:Solution
Statement 3 is incorrect: RBI monitors the ceilings on FII investments in Indian companies on a daily basis.
Which of the following constitutions is popularly known as the peace constitution?
Which locations are included in the Flamingo Festival 2025 for birdwatching?
Who was appointed as the acting Chairperson of the National Human Rights Commission (NHRC) in June 2024?
Which of the following statements is correct regarding the Prarthana Samaj?
I. It was founded in 1864.
II. It was founded in Maharashtra.
On which date is International Literacy Day celebrated?
Match the following:
What is the full form of ‘SDG’?
K.B Nepali won the Sahitya Akademi Award 2022 in Nepali language for which of the following works?
Who wrote the autobiography ‘Toward Freedom’?
The Government of India has launched the residential education scheme 'Shreshtha' for which category of students?
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