{"id":4732,"date":"2024-03-05T16:11:21","date_gmt":"2024-03-05T16:11:21","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=4732"},"modified":"2024-03-05T16:11:21","modified_gmt":"2024-03-05T16:11:21","slug":"in-food-processing-industries-______-percent-fdi-is-permitted-under-the-automatic-route-in-india","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-food-processing-industries-______-percent-fdi-is-permitted-under-the-automatic-route-in-india\/","title":{"rendered":"In food processing industries, ______ percent FDI is permitted under the automatic route in India."},"content":{"rendered":"

[amp_mcq option1=”90″ option2=”100″ option3=”75″ option4=”80″ correct=”option3″]<\/p>\n

The correct answer is (c) 75.<\/p>\n

FDI is foreign direct investment. It is the investment made by a foreign company in a company in another country. The automatic route is a process by which FDI can be made without the need for prior approval from the government.<\/p>\n

In food processing industries, 75% FDI is permitted under the automatic route in India. This means that a foreign company can invest up to 75% of the total investment in a food processing company in India without the need for prior approval from the government.<\/p>\n

The remaining 25% of the investment must be made by an Indian company or individual. This is to ensure that Indian companies and individuals have a stake in the food processing industry and that the benefits of FDI are shared by all stakeholders.<\/p>\n

The food processing industry is a major contributor to the Indian economy. It employs over 10 million people and contributes over 10% to the country’s GDP. FDI in the food processing industry can help to boost growth in the sector, create jobs, and improve the quality of life for Indians.<\/p>\n

The options (a) 90, (b) 100, and (d) 80 are incorrect because they are not the current FDI limits for food processing industries in India.<\/p>\n","protected":false},"excerpt":{"rendered":"

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