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      Question

      The Limit for Foreign Portfolio Investments under

      Voluntary Retention Route (VRR) is set to be enhanced to how much from 01.04.2022 by RBI:
      A Rs 1.5 lakh crores Correct Answer Incorrect Answer
      B Rs 1 lakh crores Correct Answer Incorrect Answer
      C Rs 2.5 lakh crores Correct Answer Incorrect Answer
      D Rs 2 lakh crores Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The investment limit under VRR has been increased to โ‚น2,50,000 crore. RBI, in its statement dated October 05, 2018 had announced a separate scheme called ‘Voluntary Retention Route’ (VRR) to encourage Foreign Portfolio Investors (FPIs) to undertake long-term investments in Indian debt markets. Under this scheme, FPIs have been given greater operational flexibility in terms of instrument choices besides exemptions from certain regulatory requirements.

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