Indian corporates can now invest in joint ventures and subsidiaries abroad to the extent of ______% of their net worth.a) 200 b)150 c) 100 d) 75
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a) 200
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200 is the answer.
Investment of Indian Corporates:
Statement:Indian corporates can now invest in joint ventures and subsidiaries abroad to the extent of ______% of their net worth.
Corrected Statement:Indian corporates can now invest in joint ventures and subsidiaries abroad to the extent of 200 % of their net worth.
- An Indian corporation can invest abroad in any activity in which it has knowledge and expertise (excluding those that are expressly barred).
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