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    Question

     Which of the following government increase the

    foreign direct investment (FDI) limit in the insurance sector to 74% from 49%?
    A 2020 Correct Answer Incorrect Answer
    B 2021 Correct Answer Incorrect Answer
    C 2022 Correct Answer Incorrect Answer
    D 2023 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Parliament on 22 March 2021 passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49% in an attempt to attract more overseas insurance players to India.

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