The 'FDI' in insurance sector is allowed up to what percentage? MCQ with Answer and Explanation

The 'FDI' in insurance sector is allowed up to what percentage?
A. 26%
B. 49%
C. 100%
D. 74%
Answer: Option D
Solution (By JKSSB Mock Tests)
FDI in insurance is allowed up to 74%.

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Practice More Economy Set 1 Questions

Question #1
The concept of 'Common but Differentiated Responsibilities' in international environmental law means that:
A. All countries have identical obligations
B. Only developing countries have responsibility
C. Only developed countries have any responsibility
D. All countries share responsibility for environmental protection but the nature and extent of obligations differ according to capabilities and historical contributions

Correct Answer: Option D


Explanation:
The principle of common but differentiated responsibilities recognises that while all states are responsible for addressing global environmental problems, their respective obligations differ according to their capacities and their historical contributions to the problem.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'United Nations Sustainable Development Solutions Network' publishes which report?
A. Human Development Report
B. Global Competitiveness Report
C. World Happiness Report
D. Global Hunger Index

Correct Answer: Option C


Explanation:
UN SDSN publishes World Happiness Report.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'indirect tax' includes which of the following?
A. Income tax
B. GST and excise duty
C. Wealth tax
D. Corporate tax

Correct Answer: Option B


Explanation:
GST and excise duty are indirect taxes.

This question belongs to: Economy GK Economy Set 1