question_answer

FDI in multi-brand retail trade in all products is now permitted in India subject to

I. A ceiling of 51%.

II. Minimum amount to be brought in as FDI by the foreign investor is US $100 million.

III. At least 50% of the procurement/processed products should be sourced from small industries.

IV. Retail sales locations set up only in cities with a population of more than ten lakh.

Select the correct answer using the codes given below.

A)  I, II and IV                   

B)  I and IV           

C)         Only II           

D)         All the above