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UPSC CSE Prelims FDI Policy, ECBs & Investment Treaties Flashcards

Master 11 fdi policy, ecbs & investment treaties concepts for the UPSC CSE Prelims.

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Question

Consider the following statements regarding the 'Automatic Route' for Foreign Direct Investment (FDI) in India:

  1. It requires prior approval from the Reserve Bank of India (RBI).
  2. It requires prior approval from the Government of India.

Which of the statements given above is/are correct?


Question

Complete the statement regarding the FDI Approval Route:


Under the Government/Approval Route, prior approval is required. Applications are considered by the concerned Administrative Ministry/Department in consultation with the .

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