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In which of the following sectors, 100% ...

In which of the following sectors, 100% FDI in equity in India is NOT permitted as per India’s FDI policy?

A

Wholesale trading

B

Single-brand product retail trading

C

E-commerce activities

D

Multi-brand product retail trading

Text Solution

Verified by Experts

The correct Answer is:
D
In August 2019, the government has allowed 100% FDI in contract manufacturing and single brand retailing.
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