Q: 85 (IAS/2003)

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With reference to Government of India’s I decisions regarding Foreign Direct Investment (FDI) during the year 2001- 02, consider the following statements:
1. Out of the 100% FDI allowed by India in tea sector, the foreign firm would have to disinvest 33% of the equity in favour of an Indian partner within four years.
2. Regarding the FDI in print media in India, the single largest Indian shareholder should have a holding higher than 26%
Which of these statements is/are correct?
question_subject: 
Current Affairs
question_year: 
2003
question_exam: 
IAS
question_sub_subject: 
Current Affairs -National
question_topic: 
Current Affairs -National
stats: 
0,392,864,176,392,536,152