Government approves 16 foreign investment proposals

Q.  GoI approved how many foreign investment proposals on 29th October 2015?
- Published on 30 Oct 15

a. 13
b. 14
c. 15
d. 16

ANSWER: 16
 
GoI has approved 16 foreign investment proposals which includes HDFC capital and Ageon Religare Life Insurance Company, adding up to INR 4722 crore. Investment proposals were approved after FIPB approval. 8 proposals have been rejected including Cipla Health Limited and Apollo Hospitals.

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