select the odd one related to the FDI limit 1) agricultural and animal husbandry. 2) plantation sector. 3) civil aviation. 4)multi brand retail trading
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No one is odd....
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Multi-brand retail trading is the odd one related to the FDI limit. (Option 4)
- At present, FDI in multi-brand retail trading has been prohibited by the government.
- FDI means Foreign Direct Investment.
- It is an investment in which a business in one country is owned and controlled by an entity, company, or individual based in another country.
- The possible percentage of investments permitted by the government is referred to as the FDI limit.
- FDI in multi-brand retail trading has only received 51% approval from the government and it requires special permission unlike the other sector FDI with 100% approval.
- This limit has discouraged the majority of foreign brands from entering India.
- Also, they have no permission to enter the e-commerce platform, this is also a discouraging factor.
- The government has permitted FDI in the agricultural and animal sector, plantation sector, and civil aviation by imposing the FDI limits.
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