2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Pokhara
|
|
|
Patan
|
|
|
Dharan
|
|
|
Kathmandu
|
Detailed explanation-1: -A 2021 revision to the FITTA requires foreign investors in Nepal to bring 70% of their proposed investment before commencement of operations, and another 30% within the next two years.
Detailed explanation-2: -“The minimum investment requirement of Rs50 million was a huge amount for foreign investors looking to invest in the small sector, ” he said. “The reduction in the minimum will also help foreign investment to reach rural Nepal.”
Detailed explanation-3: -Nepal has received foreign investment from 55 different countries as of mid-July 2021. In terms of total FDI stock, India ranks top position with Rs.
Detailed explanation-4: -Documents required for Foreign Direct Investment in Nepal; Board resolution of the Foreign Company to invest in Nepal. Financial Credibility Certificate issued by any bank of the Country of the residence of the foreign investor. Time Schedule of investment along with the source of such investment.