A) 49%
B) 74%
C) 100%
D) 51%
View Answer
A) 49%
Explanation : The Reserve Bank of India (RBI) allows up to 49% foreign direct investment (FDI) in the private sector banking sector through the automatic route. Investments above 49% require government approval.
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(Q) What is the limit on the Foreign Direct Investment (FDI) in the banking sector as per RBI guidelines ?
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