Question

    Which of the following is a new sector for Foreign

    Direct Investment (FDI) as per the recent amendments in the Foreign Exchange Management Rules, 2019?
    A E-commerce Correct Answer Incorrect Answer
    B Real Estate Correct Answer Incorrect Answer
    C White Label ATMs Correct Answer Incorrect Answer
    D Renewable Energy Correct Answer Incorrect Answer
    E Pharmaceuticals Correct Answer Incorrect Answer

    Solution

    FDI is now permitted in White Label ATMs, aiming to improve financial inclusion.

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