As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India ?
[amp_mcq option1=”49 per cent through the automatic route” option2=”26 per cent through the government route” option3=”26 per cent through the automatic route and beyond that up to 49 per cent through the government route” option4=”75 per cent through the automatic route” correct=”option1″]
This question was previously asked in
UPSC NDA-1 – 2018
– Beyond 49%, FDI was permitted through the government route (Foreign Investment Promotion Board/FIPB, which was later abolished and replaced by the DPIIT consultation mechanism) on a case-by-case basis, with the condition that it should result in access to modern technology.