The Union Cabinet recently decided to further liberalize foreign direct investment (FDI) rules in India. With reference to this identify which of the following statement(s) is/are correct? 1. The government approved 100% foreign direct investment (FDI) under automatic route in digital media. 2. To boost domestic manufacturing, 100% FDI in contract manufacturing under automatic route has been allowed. 3. On FDI in single brand retail trade (SBRT), the Cabinet has expanded the definition of mandatory 30% domestic sourcing norm. Select the correct answer using the codes given below: - Study24x7
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1008 followers study24x7 14 Jan 2021 03:18 PM study24x7 study24x7

The Union Cabinet recently decided to further liberalize foreign direct investment (FDI) rules in India. With reference to this identify which of the following statement(s) is/are correct? 1. The government approved 100% foreign direct investment (FDI) under automatic route in...

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A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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