Consider the following statements : 1. In India, there is no ceiling in the Foreign Direct Investment in oil refining. 2. Indian Oil Corporation has only 49% share holding in Lanka IOC which retails fuel in Sri Lanka. Which of the statements given above i

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Submitted by examrobotsa on

Q: 55 (IES/2004)
Consider the following statements :
1. In India, there is no ceiling in the Foreign Direct Investment in oil refining.
2. Indian Oil Corporation has only 49% share holding in Lanka IOC which retails fuel in Sri Lanka.
Which of the statements given above is/ are correct ?
AnyChart Trial Version

question_subject: 

Economics

question_exam: 

IES

stats: 

0,4,18,0,7,11,4

keywords: 

{'foreign direct investment': [0, 0, 2, 7], 'indian oil corporation': [0, 0, 2, 0], 'oil refining': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'lanka ioc': [0, 0, 1, 0]}