Site navigation

Among the following in which sector of India, the Foreign Direct Investment (FDI) is prohibited?

Under India's Consolidated FDI Policy and the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 issued under the Foreign Exchange Management Act, 1999, Foreign…

Choose your answer

Among the following in which sector of India, the Foreign Direct Investment (FDI) is prohibited?

Select one answer
Answer and explanation

Correct answer B

Under India's Consolidated FDI Policy and the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 issued under the Foreign Exchange Management Act, 1999, Foreign Direct Investment (FDI) is completely prohibited in the Lottery business, including government and private lotteries as well as online lotteries. By contrast, FDI is permitted in Defence (up to 74% under the automatic route and up to 100% under the government route), Health care (up to 100% under the automatic route for greenfield projects and hospitals), and Print media (up to 26% for news and current affairs publications under the government route).

Practice for these exams

  • Andhra Pradesh SET (APSET)

Related question papers

Related exam syllabi

Related questions in this topic