Which one of the following sectors is not affected by the changes made in the Foreign Direct Investment Policy in June 2016?

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Q: 107 (CDS-I/2017)

Which one of the following sectors is not affected by the changes made in the Foreign Direct Investment Policy in June 2016?

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,7,39,10,13,12,11

keywords: 

{'foreign direct investment policy': [0, 0, 0, 1], 'sectors': [0, 0, 1, 1], 'arms act': [0, 0, 2, 1], 'changes': [4, 0, 2, 9], 'private security agencies': [0, 0, 0, 1], 'manufacturing': [3, 0, 2, 9], 'small arms': [0, 0, 0, 2]}

The correct answer is option 1: Multi-brand retailing.

In June 2016, the Indian government introduced changes in the Foreign Direct Investment (FDI) policy, which affected various sectors. Let`s analyze each option to understand how they were impacted.

Option 1: Multi-brand retailing. This sector is not affected by the changes in the FDI policy. Multi-brand retailing refers to retail stores that sell products from multiple brands. The FDI policy allows 51% FDI in multi-brand retailing, subject to certain conditions. Hence, any changes made in the FDI policy in June 2016 did not affect this sector.

Option 2: Defence. The FDI policy in the defence sector was revised in 2016, allowing up to 49% FDI under automatic approval and beyond that with government approval. Therefore, this option is affected by the changes made in the FDI policy.

Option 3: Private security agencies. The FDI policy allows up to 49% FDI in private security agencies under automatic approval. Hence, this sector is affected by the changes in the FDI policy.

Option 4: Manufacturing of small arms and ammunitions covered under the Arms Act, 1959. The FDI policy

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