2009 · Q13
- 1IIFCL was set up as a banking company for infra loans.
- 2100% FDI automatic route permitted for all infra projects. Which is/are correct?
indian-polity-economyeconomy-fundamentals
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
IIFCL is an NBFC; 100% FDI auto route is not for all infra. Neither correct.