Home PYQs UPPSC UPPSC MCQs Prelims 2020 (GS Paper I)

Question

Limit of investment for outstanding corporate bond for Foreign Portfolio Investment in Union Budget 2020-21 has been extended upto:

  1. 9%
  2. 10%
  3. 12%
  4. 15%

Answer:

Option D: 15%

Detailed Solution:

The correct answer is “15%”.

The limit of investment for outstanding corporate bond for Foreign Portfolio Investment (FPI) in Union Budget 2020-21 has been extended up to 15%.

Therefore, the correct option is (d) 15%.