Civil Services TSPSC Group 1 Mock Test 2022-23 General Knowledge Economy External Sector and Currency Exchange rate
With respect to the insurance sector in India, consider the following statements:
1. FDI limit in the insurance sector has been raised to 74 percent in the recent budget.
2. Foreign ownership and control in agricultural insurance companies are not allowed.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2