2013 · Q28
28. FDI in Multi-Brand Retail Trade (MBRT) in all products is now permitted in India subject to
- 1a ceiling of 51%
- 2minimum amount to be brought in as FDI by the foreign investor is US$ 100 million
- 3at least 50% of the procurement of manufactured/processed products should be sourced from 'small industries'
- 4retail sales locations set up only in cities with a population of more than 10 lakh Select the correct condition/conditions using the code given below.
General KnowledgeEconomics
- A1, 2, 3 and 4
- B1 and 4 only
- C2 only
- D1, 2 and 4 only
Explanation
The official key marks D for the MBRT conditions.