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    Question

    In which year did the companies IBM and Coca Cola shut

    down their operations for not being able to comply with the Foreign Exchange Regulation Act that mandated foreign investors cannot own over 40% in Indian enterprises?
    A 1964 Correct Answer Incorrect Answer
    B 1981 Correct Answer Incorrect Answer
    C 1956 Correct Answer Incorrect Answer
    D 1977 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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