Question
With reference to the Foreign Direct Investment (FD
- I in India, which of the following statements is/are correct? 1. FDI limit for each sector is set by the Reserve Bank of India. 2. If the percentage of FDI holding in a company is reduced, then the FDI holdings will be reclassified as Foreign Portfolio Investment. 3. Foreign Direct Investment , or FDI, is one of the most crucial channels of direct investments between countries. Select the correct answer using the codes given below:
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