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Question : Fill in the blanks-
Under financial sector reforms, the limit of foreign investment in banks was raised to around ____%.
 

Option 1: 50
 

Option 2: 51
 

Option 3: 75
 

Option 4: 80
 


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: 51
 


Solution : Under financial sector reforms, the limit of foreign investment in banks was raised to around 51%. Mutual funds, pension funds, foreign institutional investors, etc were now allows to invest in Indian financial markets.
Hence Option B is correct.

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