Question

In May 2021, the government had raised the FDI limit in the insurance sector to 74% from _________ .

A 47% Correct Answer Incorrect Answer
B 49% Correct Answer Incorrect Answer
C 50% Correct Answer Incorrect Answer
D 53% Correct Answer Incorrect Answer
E 55% Correct Answer Incorrect Answer

Solution

In May 2021, the government had raised the FDI limit in the insurance sector to 74% from 49%, it did not cover LIC that is governed by a specific legislation.

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