BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In investing its Foreign Assets, RBI is guided by three principles .Which of the following are those principles?
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Safety
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Liquidity
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Return
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All of the above
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Explanation:
Detailed explanation-1: -Foreign Direct Investments (FDI) can be made under two routes-Automatic Route and Government Route. Under the Automatic Route, the foreign investor or the Indian company does not require any approval from RBI or Government of India for the investment.
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