Centre announced big bang FDI reforms across 15 sectors

Q.  Centre on 10th November 2015 announced FDI reforms across how many sectors?
- Published on 12 Nov 15

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

ANSWER: 15
 
Government of India on 10th November 2015 announced big bang reforms in the FDI sector alleviating problems across 15 sectors. This includes the sectors of defence, banking, construction, civil aviation, retail and broadcasting. For facilitation of faster approvals for proposals, government has decided inter ministerial FIPB will provide approvals to proposals above INR 5000 crore from 3000 crore. This is one of the most radical reforms in the FDI sector.

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