
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?
Neither 1 nor 2


Important Questions on Indian Economy


Debenture holders of a company are the:

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?


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?

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?

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