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Earn 100

With reference to Government of India's decision regarding Foreign Direct Investment (FDI) during the year 2001-02 consider the following statements:

1. Out of the 100% FDI allowed by India in the tea sector the foreign firm would have to disinvest 33% of the equity in favour of an Indian partner within four years.

2. Regarding the FDI in print media in India, the single largest Indian shareholders should have a holding higher than 26%.

Which of these statements is/are correct?

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Important Questions on Indian Economy

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In India, the first bank of limited liability managed by Indians and founded in 1881 was:
HARD
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The government holding in BPCL is:
HARD
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Debenture holders of a company are the:

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Consider the following statements:

In India, stamp duties on financial transactions are

A. Levied and collected by the State Government.

B. Appropriated by the Union Government.

Which of these statements is/are correct?

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Which one of the following statements is correct with reference to FEMA in India?
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Consider the following statements:

1. India's import of crude and petroleum products during the year 2001-02 accounted for about 27% of India's total imports.

2. During the year 2001-02, India's exports had increased by 10% as compared to the previous year.

Which of these statement(s) is/are correct?

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Consider the following statements:

1. The maximum limit of shareholding of Indian promoters in private sector banks in India is 49% of the paid-up capital.

2. Foreign Direct Investment up to 49% from all sources is permitted in private sector banks in India under the automatic route.

Which of these statements is/are correct?

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Among the following commodities imported by India during the year 2000-01, which one was the highest in terms of rupee value?