FDI in different sectors - Budget & Economic Survey

Q.  Which of the following statement / s is / are correct with respect to FDI?

1) FDI up to 26 per cent through the government route has been permitted in the defense industry.

2) FDI up to 49 per cent through the government route has been permitted in the insurance sector.

3) FDI up to 100 per cent through the automatic route has been permitted in construction of railway transport infrastructure.
- Published on 06 Aug 15

a. Only 1 and 2
b. Only 1 and 3
c. Only 2 and 3
d. All of the above

ANSWER: Only 2 and 3
 
FDI up to 49 per cent through the government route has been permitted in the defence industry. Higher FDI has also been allowed on a case-to-case basis.

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