The Foreign Investment Promotion Board (FIPB) revamps the rules and regulations pertaining to
Foreign investments
The Foreign Investment Promotion Board (FIPB) was an inter-ministerial body, housed in the Department of Economic Affairs of the Ministry of Finance, that considered and recommended foreign direct investment proposals not covered by the automatic route.
Beyond case-by-case approvals, it reviewed the policy framework and procedures for foreign investment and worked to simplify them, so its mandate covered foreign investment as a whole.
Accounting of foreign investment is not its function: recording and reporting of inflows is handled by the Reserve Bank of India under FEMA and by accounting standards. Investment by NRIs is only one segment of foreign investment, and NRI portfolio investment was handled through the RBI, so that narrower description misses the Board's role. Because accounting lies outside its work, the all-inclusive choice also fails.
The FIPB was abolished in 2017; approval-route proposals now go to the administrative ministries through the Foreign Investment Facilitation Portal.
Hence, Foreign investments.
Similar Questions
From the following, identify the tools of fiscal policy :
(i) Public expenditure
(ii) Open market operations
(iii) Deficit financing
(iv) Taxation
(v) Reserve requirements
Codes :
Liberalization means :
Which of the following is not the main objective of “Fiscal Policy of India” ?
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Reason (R) : The New Industrial Policy seeks to liberate the industry from the shackles of Licensing System.
Codes :
Which one among the following is not the salient feature of industrial policy since 1991 ?
Match the items given in List-I and List-II.
List – I List – II (a) Economic liberalisation (i) IT-enabled services (b) Out sourcing (ii) SFIO (c) Corporate frauds (iii) Macro economic stability (d) Second generation reforms (iv) Increased competition Indicate the correct combination :
Codes :
(a) (b) (c) (d)
There is acute shortage of electricity in some of the states in India. This reflects a problem in which type of business environment ?
Statement – I : The industrial policy of the Government of India is aimed at increasing the tempo of industrial development.
Statement – II : After the New Industrial Policy – 1991, the Balance of Trade for India has always been positive.
Codes :
Which among the following is not a correct combination ?
Important Questions from Economic environment
Which of the following is not a central problem of an economy ?
- Which of the following are relevant in deciding among different courses of action, the manager needs to consider the differential revenue and costs of alternatives?
A. Opportunity costs and economic profits
B. Fixed and Sunk Costs
C. Marginal Revenue and Marginal Cost
D. Incremental and marginal costs
E. Economies and dis-economies of scale
Choose the correct answer from the options given below: - For which one of the basic reasons, the "Structural Adjustment Programme" was undertaken in India in 1991 ?
- Who remarked that "the bones of the cotton weavers are bleaching the plains of India" ?
From the following, identify the tools of fiscal policy :
(i) Public expenditure
(ii) Open market operations
(iii) Deficit financing
(iv) Taxation
(v) Reserve requirements
Codes :
