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RBI liberalized investment norms for foreign strategic investors holding substantial stake in an Indian company. What could be the reason/reasons for this?
1. To promote investment from foreign sources.
2. To enhance dollar flows into India and reduce time taken by investors in making investments in Indian stocks.
3. To promote exports of services.
4. To eliminate revenue deficit by the end of the fiscal year 2013-14.
Select the correct answer using the codes given below
1, 2 and 4
1 and 3
2 Only
1, 2, 3 and 4
Second statement is correct.
RBI liberalized investment norms for foreign strategic investors holding substantial stake in an Indian company to enhance dollar flows into India and reduce time taken by investors in making investments in Indian stocks.
By: Cammy Garg ProfileResourcesReport error
abhimanu admin
This question is specific about existing strategic shareholders.
Siddharth Jena
How is statement 1 wrong, without new investment how will dollar flow rise?
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