NDA 2018 General Knowledge question

As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India ?

(A)49 per cent through the automatic routeCorrect
(B)26 per cent through the government route
(C)26 per cent through the automatic route and beyond that up to 49 per cent through the government route
(D)75 per cent through the automatic route

Answer: (A)

Solution

Under the FDI policy of 2016–17, foreign investment in defence was allowed up to 49 per cent through the automatic route, and

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Question ID VK-031087