Q: 13 (CAPF/2009)

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Consider the following statements with respect to recent developments in infrastructure sector in India :
1. India Infrastructure Finance Company Limited was set up as a banking company for providing long-term loans for financing infrastructure projects.
2. 100 per cent Foreign Direct Investment under automatic route is permitted for all infrastructure projects.
Which of the statements given above is/are correct ?
question_subject: 
Economics
question_year: 
2009
question_exam: 
CAPF
stats: 
0,784,2672,1072,784,1392,208