Current Affairs

GK MCQs Section

Page-5 of Topic: Foreign direct investment

Permanent Residency Status (PRS) for foreign investors bringing at least Rs. 10 Crore

The government has decided to grant Permanent Residency status (PRS) for a period 10 years with multiple entry to foreign investors who make an investment of a minimum of Rs. 10...

November 24, 2016

India and Cyprus revise the double taxation avoidance agreement (DTAA)

A revised Double Taxation Avoidance and the Prevention of Fiscal Evasion (DTAA) agreement has been signed between India and Cyprus in Nicosia. This revised agreement will replace the...

November 19, 2016

DoT rejects proposal of Parekh panel

The Department of Telecommunications (DoT) rejected the proposal of the Parekh committee on the financing of infrastructure to increase the ceiling on FDI in this sector from current...

October 7, 2012

Union Cabinet permits 51% FDI in multi-brand retail and 49% FDI in Aviation

Cabinet allowed 51% FDI in multi-brand retail and also 49% FDI in the aviation domain. But the Govt left it to the state governments to allow establishment of...

September 15, 2012

RBI permits Indian entities to made direct investments in Pakistan

Giving a fillip to bilateral trade and investments b/w India and Pak, RBI allowed India entities to make direct investments in Pakistan. The decision comes after India recently...

September 10, 2012

FDI norms for banks eased: DIPP

As per the Department of Industrial Policy and Promotion (DIPP), any kind of corporate debt restructuring or loan restructuring mechanism will not be considered as Foreign Direct Investment...

August 6, 2012

India opens door for FDI from Pakistan

India allowed foreign direct investment (FDI) from Pakistan. But it will be only through government route and not through the automatic route. Earlier, no individual residing in Pakistan...

August 6, 2012

India detected undisclosed income equivalent to Rs 565 cr in France

Undisclosed income of Indians amounting Rs 565 crore has been detected in France. This revealing information was shared by France which it shared under the exchange of information...

July 31, 2012

India, Indonesia ink DTAA

In order to prevent double taxation and fiscal evasion, India and Indonesia signed double taxation avoidance agreement (DTAA). The relationship b/w both countries is excellent and has strong...

July 29, 2012

Government approves 14 FDI Proposals worth Rs 1584.11 crore

Based on the recommendation of the Foreign Investment Promotion Board, the government approved 14 FDI proposals worth Rs 1584.11 crore. The FDI proposals which obtained government sanction included...

July 25, 2012

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