What is the Foreign Direct Investment FDI limit permitted by government in Banking public Sector ........

Current GK (IBPS-CL) Banking Awareness

What is the Foreign Direct Investment (FDI) limit permitted by government in Banking-public Sector?

This questions was previously asked in

IBPS CLERK MAINS (19 JAN 2020)

100%

74%

20%

49%

None of the above

- Option 1: 100%

- This is incorrect. Full FDI is often not allowed in public sector banking, to maintain government control.

- Option 2: 74%

- This level of FDI might be permitted in some private sectors but not typically in public banks.

- Option 3: 20%

- Correct Answer

- FDI in the public sector banks of India is permitted up to 20%.

- Option 4: 49%

- This could be applicable in sectors with partial restrictions, but not for public banks.

- Option 5: None of the above

- Since option 3 is correct, this option is not applicable.

Submit Error