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.Join The Discussion
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This should be 74%