NDA2018General AbilityGeneral StudiesActual
As per the policy applicable in 2017 , how much Foreign Direct Investment (FDI) is permitted in the defence sector in India?
Options
- A49 per cent through the automatic route
- B26 per cent through the government route
- C26 per cent through the automatic route and beyond that up to 49 per cent through the government route
- D75 per cent through the automatic route
Correct answer
A. 49 per cent through the automatic route
Step-by-step solution
As per the extant FDI policy, foreign investment up to 49 % is permitted under the automatic route. foreign investment beyond 49 % and upto 100 % is permitted through Government approval.