The Union Cabinet has approved changes to the Insurance Act 1938 for increasing the foreign direct investment (FDI) limit to which percent from the present 49 percent?

1. 

The Union Cabinet has approved changes to the Insurance Act 1938 for increasing the foreign direct investment (FDI) limit to which percent from the present 49 percent?
[A]. 60 per cent
[B]. 80 per cent
[C]. 51 per cent
[D]. 74 per cent

Answer: Option D

Explanation:

The Union cabinet has approved changes to the Insurance Act for increasing the foreign direct investment (FDI) limit to 74 per cent from the present 49 per cent.

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