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 ?
question_subject: 
Current Affairs
stats: 
0,168,824,120,304,400,168