Question

FDI in insurance sector in India is allowed till what extent ?

A 25% Correct Answer Incorrect Answer
B 49% Correct Answer Incorrect Answer
C 30% Correct Answer Incorrect Answer
D 35% Correct Answer Incorrect Answer
E 40% Correct Answer Incorrect Answer

Solution

The FDI(foreign direct investment) policy, at present, allows 49 per cent foreign investment in the insurance sector that encompasses insurance broking, insurance companies, third-party administrators, surveyors and loss assessors as defined by the Department of Industrial Policy and Promotion.

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