CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Currently, government permission is mandatory only for investments coming from which of the following two countries?
A
Afganistan and Pakistan
B
Nepal and Pakistan
C
Bangladesh and Afganistan
D
Bangladesh and Pakistan
Explanation: 

Detailed explanation-1: -Further, a citizen of Pakistan or an entity incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space, atomic energy, and sectors/activities prohibited for foreign investment. 2.

Detailed explanation-2: -Foreign Direct Investments (FDI) can be made under two routes-Automatic Route and Government Route.

Detailed explanation-3: -Gambling and Betting. Lottery business (including government/ private lottery, online lotteries etc) Activities /sectors not open to private sector investment (eg, atomic energy /railways) Retails trading (expect single-brand product retailing)

Detailed explanation-4: -Detailed Solution. The correct answer is Mauritius.

There is 1 question to complete.