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Consider the following statements: (1...

Consider the following statements:
(1) After acceptance of Mayaram panel report, any investment more than 10% would be treated as FDI
(2) Qualifies Foreign Investors (QFIs) are also a part of FDI.
Which of the above statement(s) is/are correct?

A

1 Only

B

2 only

C

1 and 2 Both

D

None

Text Solution

Verified by Experts

The correct Answer is:
A
QFIs comes under Foreign Portfolio Investment (FPI).
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