In a major policy decision, the Central Government has recently decided to allow Qualified Foreign Investors (QFIs) to directly invest in Indian equity market. India received her first investment through Qualified Framework Investor Route worth $ 5m follo

examrobotsa's picture
Q: 30 (CAPF/2012)
In a major policy decision, the Central Government has recently decided to allow Qualified Foreign Investors (QFIs) to directly invest in Indian equity market. India received her first investment through Qualified Framework Investor Route worth $ 5m following the deal struck by

question_subject: 

Current Affairs

question_exam: 

CAPF

stats: 

0,15,48,30,15,14,4

keywords: 

{'qualified framework investor route': [0, 0, 0, 1], 'qualified foreign investors': [0, 0, 0, 1], 'indian equity market': [0, 0, 0, 1], 'qfis': [0, 0, 0, 1], 'first investment': [0, 0, 0, 1], 'tata consultancy services': [0, 0, 2, 2], 'kotak mahindra bank': [0, 0, 0, 1], 'reliance energy': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'unit trust': [0, 2, 0, 1]}

The correct answer is option 2: Kotak Mahindra Bank. The Central Government of India recently made a policy decision to allow Qualified Foreign Investors (QFIs) to directly invest in the Indian equity market. This means that foreign investors who meet certain qualifications are now able to invest in Indian stocks.

In this particular scenario, India received its first investment through the Qualified Foreign Investor route, and the investment was worth $5 million. The investment was made as a result of a deal struck by Kotak Mahindra Bank.

Option 1, Unit Trust of India, is not the correct answer because there is no information in the question to suggest that they were involved in this specific investment.

Option 3, Tata Consultancy Services, is also not the correct answer because there is no mention of their involvement in the investment.

Option 4, Reliance Energy, is not the correct answer either because there is no indication that they were part of this investment.

Therefore, the correct answer is option 2: Kotak Mahindra Bank.

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