Question

The Insurance Amendment Bill 2021 proposes an increase in the foreign direct investment (FDI) limit in the insurance sector. What is the proposed increased FDI limit?

A 51% Correct Answer Incorrect Answer
B 64% Correct Answer Incorrect Answer
C 74% Correct Answer Incorrect Answer
D 79% Correct Answer Incorrect Answer
E 89% Correct Answer Incorrect Answer

Solution

Our country's parliament passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%.

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