Question
To prevent opportunistic takeover of domestic firms amid Covid-19 pandemic, Foreign Direct Investment (FDI) from countries that share borders with India is allowed through
The correct answer is
Government route
Press Note 3 of 2020 required the government route for investment from an entity of a country sharing a land border with India, or where the beneficial owner is situated in or is a citizen of such a country. The measure sought to curb opportunistic acquisitions during COVID-19.
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Important Questions from External Sector and Currency Exchange rate
- At the Eighth Session of the International Solar Alliance (ISA) Assembly held at Bharat Mandapam in October 2025, which of the following initiatives was launched to address solar waste and promote circularity in the solar sector?
- Which theory is used to make long-term predictions about exchange rates in a flexible exchange rate system?
- The reduction in the external value of the domestic currency is called:
- Under a freely exchange rate system, a deficit in a Nation’s Balance of Payments Account is automatically corrected by
- MNCs can help the developing countries to:
(a) Obtain foreign technology and innovative methods of increasing productivity
(b) Employ rural unemployed labour
(c) Finance a savings gap or balance of payments deficit
(d) Generate appropriate technology by adapting existing processes
Choose the correct answer from the code given below :
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