Tuesday, 28 April 2015

What has been the limit set for FDI in Pension Funds?

What has been the limit set for FDI in Pension Funds?

Options

1) 49%

2) 75%

3) 10%

4) 25 %

answer
1) 49%

Other details

The higher ceiling will be a for both  foreign direct investment and foreign portfolio investment

 higher overseas investment in the pension sector was   facilitated by  insurance laws (amendment) bill

 the foreign investment limit has been increased to 49% from 26% .