Railways PYQCBT 2 2017

RRB NTPC · Question 67

As per the Union Budget 2016-2017, what percentage of FDI will be allowed through FIPB (Foreign Investment Promotion Board) route in marketing of food products produced and manufactured in India?

  1. 75%

  2. 100%

  3. 71.25%

  4. 29.5%

Show answer & explanation

Answer: (B) 100%

Explanation

The Union Budget 2016–17 allowed 100% FDI through the FIPB route in the marketing of food products produced and manufactured in India.