Which of the following is an example of Foreign Portfolio Investment? MCQ with Answer and Explanation

Which of the following is an example of Foreign Portfolio Investment?
A. Establishing a joint venture
B. Acquiring a 51% stake in an Indian company
C. Setting up a wholly owned subsidiary
D. Buying equity shares in Indian companies without acquiring control
Answer: Option D
Solution (By JKSSB Mock Tests)
Buying shares without acquiring control is portfolio investment.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
The 'Index of Industrial Production' uses which base year currently?
A. 2011-12
B. 2019-20
C. 2004-05
D. 2015-16

Correct Answer: Option A


Explanation:
IIP uses base year 2011-12.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on agricultural implements is:
A. 0%
B. 18%
C. 5%
D. 12%

Correct Answer: Option C


Explanation:
Agricultural implements generally attract 5% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' rate on sugar is:
A. 0%
B. 12%
C. 18%
D. 5%

Correct Answer: Option D


Explanation:
Sugar attracts 5% GST.

This question belongs to: Economy GK Economy Set 1