General Knowledge · Economic Policies and Defence Sector
Under the Foreign Direct Investment (FDI) policy applicable in the defence sector in India around 2017, what was the limit allowed through the automatic route?
- 1100 per cent through the automatic route
- 2Up to 74 per cent through the automatic route
- 3Up to 26 per cent through the automatic route
- 4Up to 49 per cent through the automatic route✓
Correct answer
Up to 49 per cent through the automatic route
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