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  9. Q133

UPPSC PCS 2020 · Question 133 of 148

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

Economy

  1. A9%
  2. B10%
  3. C12%
  4. D15%Correct

Answer: D. 15%

Explanation

Budget 2020-21 raised the FPI limit in corporate bonds from 9% to 15% of outstanding stock.

Source: https://www.drishtiias.com/images/pdf/UPPSC 2020 Prelims GS Paper - 1.pdf

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