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A Learning Portal from Recruitment India
A Learning Portal from Recruitment India
What is the limit of Foreign Direct Investment (FDI) in the sector of “Insurance?”
49%
20%
100%
74%
Answer with explanation
Answer: Option AExplanation
FDI in the insurance sector was capped at 49% under the automatic route. According to the policy, FDI for insurance company is still capped at 49%. The government’s latest decision to ease FDI norms for the insurance sector will enable foreign brokerage companies to buy stake in Indian companies.
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SIDBI stands for
Small Industries Design Bank of India
Small Industrial Development Banker Institute
Small Innovation Development Banker’s Institute
Small Industries Development Bank of India
Answer with explanation
Answer: Option DExplanation
Small Industries Development Bank of India
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The aim of which of the Five Year Plans was to correct the disequilibrium in the economy?
many sellers, a few buyers
a few sellers, a few buyers
a few sellers, many buyers
a few sellers, one buyer
Answer with explanation
Answer: Option AExplanation
a few sellers, many buyers
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The Executive head of a state Government is ?
The Governor
Chief Minister
Prime Minister
Chief Justice of High Court
Answer with explanation
Answer: Option AExplanation
The Governor is the executive head of the State; all executive action of the State government is formally taken in the name of Governor
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