Question

How is FDI allowed under the Automatic Route in India?

a.

Only with the prior approval of the Government

b.

Without prior approval either of the Government or the Reserve Bank of India

c.

Only in certain specified sectors

d.

Only after examination and consideration by the Foreign Investment Promotion Board (FIPB)

Answer: (b).Without prior approval either of the Government or the Reserve Bank of India Explanation:FDI is allowed under the Automatic Route without prior approval either of the Government or the Reserve Bank of India.

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Q. How is FDI allowed under the Automatic Route in India?

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