Which of the following would include Foreign Direct Investment in India? 1. Subsidiaries of foreign companies in India 2. Majority foreign equity holding in Indian companies 3. Companies exclusively financed by foreign companies 4. Portfolio investment Select the correct answer using the codes given below:
A1, 2, 3 and 4
B2 and 4 only
C1 and 3 only
D1, 2 and 3 only
Answer & Solution
Correct answer: D. 1, 2 and 3 only
UPSC CSE Prelims 2012 (GS-I, Set A), Q.78. Answer key: D (coaching consensus; UPSC did not publish an official 2012 AK separately on upsc.gov.in).
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