How much can foreign companies invest directly in Indian insurance companies? *
49%
25%
50%
45%
Answers
Answered by
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Explanation:
HEY MATE ......
Till now, FDI in the insurance sector was capped at 49% under the automatic route. According to the policy, FDI for insurance company is still capped at 49%. The government's latest decision to ease FDI norms for the insurance sector will enable foreign brokerage companies to buy stake in Indian companies.
49% IS THE RIGHT ANSWER
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