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Statement: The Union government permitted 100per cent foreign direct investment (FDI) under government approval route for almost every sector, including defence. "With these changes, India is now the most open economy in the world for FDI."
Which of the following is/are not the possible impact(s) of the new 100per cent FDI rule in India?
I. With the advent of new FDI norms, there will be creation of employment.
II. It leads to investment in India which results in appreciation of the Rupee
III. It helps in better production, leading to increased GDP.
IV. It would affect our internal security.
V. It may exploit the domestic resources without giving benefits to domestic country.
All except IV
All except V
All except IV and V
Only IV and V
Only V
All the given options may be the possible impacts of new 100per cent FDI rule except the last one because it is mentioned there that our domestic country will not get benefitted from this. It is acceptable that there may be exploitation of domestic resources but from this our domestic country will also get benefitted. On internal security issue, it may get affected somewhere.
By: Parvesh Mehta ProfileResourcesReport error
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