According to the recent policy changes approved by the Union Cabinet, which among the following will not be counted as foreign investment?

According to the recent policy changes approved by the Union Cabinet, which among the following will not be counted as foreign investment?
[A]Foreign Portfolio Investment (FPI)
[B]NRI Deposits
[C]Foreign currency convertible bonds
[D]Venture Capital

Foreign currency convertible bonds
On July 16, 2015, the Union Cabinet has approved simplification of the foreign direct investment policy which proposes to scrapthe distinctions among different types of overseas investmentby shifting to a single composite limit. In this, the distinction between different types of foreign investment is being done away with and there will be sector limits on FDI, FII, Venture Capital, Depository receipts, NRI, and FPI. The new policy will not count FCCBs and depository receipts with debt as underlying instrument as foreign investment.


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