Current Affairs · Foreign Exchange Management
In the structural updates concerning Overseas Investment by Indian entities, what is the statutory financial limit up to which an Indian financial/non-financial entity can invest under the automatic route?
- 1Up to 500% of its net worth
- 2Up to 400% of its net worth✓
- 3Up to 200% of its net worth
- 4Up to 100% of its net worth
Correct answer
Up to 400% of its net worth
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