Question : Fill in the blanks-
Under financial sector reforms, the limit of foreign investment in banks was raised to around ____%.
Option 1: 50
Option 2: 51
Option 3: 75
Option 4: 80
Answer (1)
13th Jan, 2024
Correct Answer:
51
Solution :
Under financial sector reforms, the limit of foreign investment in banks was raised to around 51%. Mutual funds, pension funds, foreign institutional investors, etc were now allows to invest in Indian financial markets.
Hence Option B is correct.
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