Multiple choice

Government has notified the hike in Foreign Direct Investment (FDI) limit for Public Sector Undertakings refineries. The new FDI limit is -

  1. 26%

  2. 49%

  3. 51%

  4. 75%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The government increased the FDI limit for Public Sector Undertakings (PSU) refineries to 49% to encourage investment.