CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

As per RBI, the limits for foreign portfolio investors during the current fiscal in G-secs will remain unchanged at what percent?

A	10%
B	5%
C	6%
D	7%

Explanation:

Detailed explanation-1: -FPI investment limit in g-sec unchanged at 6% of outstanding stocks of securities for FY23: RBI.

Detailed explanation-2: -The limits for FPI investment in Government securities (G-secs), State Development Loans (SDLs) and corporate bonds shall remain unchanged at 6%, 2% and 15% respectively, of outstanding stocks of securities for FY 2022-23.

Detailed explanation-3: -A dedicated investment limit of Rs 1.50 lakh crore was set for investments under the VRR. Given the positive response to the VRR as evident from the near exhaustion of the current limit, it is proposed to increase the investment limit under VRR by Rs 1 lakh crore to Rs 2.5 lakh crore with effect from April 1, 2022.

Detailed explanation-4: -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.

There is 1 question to complete.