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    Question

    Foreign investment is totally prohibited in the sectors

    of:
    A Lottery Correct Answer Incorrect Answer
    B Real estate Correct Answer Incorrect Answer
    C Atomic Energy Correct Answer Incorrect Answer
    D Betting and gambling Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    In the following sectors, foreign investment is totally prohibited Lottery Business including Government / private lottery, online lotteries, etc. Gambling and Betting including casinos etc. Chit funds Nidhi company Trading in Transferable Development Rights (TDRs) Real Estate Business or Construction of Farm Houses Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes Activities / sectors not open to private sector investment e.g. (I) Atomic energy and (II) Railway operations

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