FDI prohibited in manufacture of tobacco

Q.  As per the RBI notification issued on first week of July 2015, foreign direct investment is prohibited in manufacturing of which product?
- Published on 25 Jul 15

a. Food
b. Leather
c. Cotton
d. Tobacco

ANSWER: Tobacco
 
In a notification, RBI said Foreign Direct Investment (FDI) is prohibited in the manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes.

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