Question

All joint ventures in india require government approvals if a foreign partner or a non resident indian is involved. The approval can be obtained which of the following?
a. RBI
b.FIPB
c. BIFR
d. Either RBI Or FIPB​

Answer 1

Answer:

both rbi or fipb

Explanation:

All joint ventures in India require government approval if a foreign partner or a NRI is involved. The approval can be obtained either from the Reserve bank of India or Foreign Investment Promotion Board depending upon particular circumstances.

Answer 2

d) Either RBI or FIPB .

• The approval can be obtained either from the Reserve Bank of India (RBI ) or Foreign Investment Promotion Board (FIPB).

hope it helps you