Limit of FDI in Insurance sector

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Limit of FDI in Insurance sector:

A. 74%

B. 50%

C. 49%

D. 51%

Answer: Option A

Solution (By Examveda Team)

Parliament on 22 March 2021 passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49% in an attempt to attract more overseas insurance players to India.

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Comments (1)

  1. Geethanjali V
    Geethanjali V:
    2 years ago

    This should be 74%

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