The correct answer is: D. All of the above.
The Foreign Investment Promotion Board (FIPB) is a government body in India that is responsible for promoting foreign investment in the country. The FIPB revamps the rules and regulations pertaining to accounting of foreign investment, investment by NRIs, and foreign investments.
The FIPB revamps the rules and regulations pertaining to accounting of foreign investment to ensure that foreign investment is properly accounted for and that all relevant taxes are paid. The FIPB also revamps the rules and regulations pertaining to investment by NRIs to make it easier for NRIs to invest in India. The FIPB also revamps the rules and regulations pertaining to foreign investments to make it easier for foreign companies to invest in India.
The FIPB’s revamp of the rules and regulations pertaining to foreign investment is a positive step that will help to promote foreign investment in India. The revamp will make it easier for foreign companies to invest in India and will help to attract more foreign investment into the country.
Here is a brief explanation of each option:
- Option A: Accounting of foreign investment. The FIPB revamps the rules and regulations pertaining to accounting of foreign investment to ensure that foreign investment is properly accounted for and that all relevant taxes are paid.
- Option B: Investment by NRIs. The FIPB revamps the rules and regulations pertaining to investment by NRIs to make it easier for NRIs to invest in India.
- Option C: Foreign investments. The FIPB revamps the rules and regulations pertaining to foreign investments to make it easier for foreign companies to invest in India.