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Multiple choice

What is the maximum extent up to which the foreign institutional investors can invest in the stock exchanges in India?

  1. 24%

  2. 26%

  3. 49%

  4. 74%

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

Ceiling for investment by FIIs was increased on 28th Feb, 2001, from 40% to 49% with the approval of the shareholders through a special resolution in the General Body Meeting.

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