Previous year MCQs

Current Affairs UPPSC 2020 GS-I
Question

Limit of investment for outstanding corporate bond for Foreign Portfolio Investment in Union Budget 2020-21 has been extended upto:

Answer & Solution

Answer: (Detailed Solution Below)

Option D: 15%

Detailed Solution:

The correct answer is “15%”.
The limit of investment for outstanding corporate bond for Foreign Portfolio Investment (FPI) in Union Budget 2020-21 has been extended up to 15%.

Therefore, the correct option is (d) 15%.

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