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Details of FDI Limits in Various sectors of Indian Economy

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Dear Aspirants,

In the growth of Indian economy , the contribution of the Foreign Direct Investment(FDI) can not be ignored. With the advent of the Modi Government, it is increasing by leaps and bounds. Given below is a useful compilation of the various sectors with their respective FDI limits that can be very useful from the perspective of the forthcoming examinations of Banking in 2015.

 

 

FDI

 

 

(A) SECTORS WITH RESTRICTIONS

  • Lottery Business including Government /private lottery, online lotteries, etc.
  • Gambling and Betting including casinos etc.
  • Chit funds
  • Nidhi company-(borrowing from members and lending to members only).
  • Trading in Transferable Development Rights (TDRs)
  • Real Estate Business (other than construction development) or Construction of Farm Houses
  • Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • Activities / sectors not open to private sector investment e.g. Atomic Energy and Railway Transport (other than construction, operation and maintenance of (i) Suburban corridor projects through PPP, (ii) High speed train projects, (iii) Dedicated freight lines, (iv) Rolling stock including train sets, and locomotives/coaches manufacturing and maintenance facilities, (v) Railway Electrification, (vi) Signaling systems, (vii) Freight terminals, (viii) Passenger terminals, (ix) Infrastructure in industrial park pertaining to railway line/sidings including electrified railway lines and connectivities to main railway line and (x) Mass Rapid Transport Systems.)
  • Services like legal, book keeping, accounting & auditing.

 

(B)SECTORS WITH CAPS

  • Petroleum Refining by PSU (49%).
  • Teleports (setting up of up-linking HUBs/Teleports),Direct to Home (DTH), Cable Networks (Multi-system operators (MSOs) operating at national, state or district level and undertaking upgradation of networks towards digitalization and addressability), Mobile TV and Headend-in-the-Sky Broadcasting Service (HITS) – (74%).
  • Cable Networks (49%).
  • Broadcasting content services- FM Radio (26%), uplinking of news and current affairs TV channels (26%).
  • Print Media dealing with news and current affairs (26%).
  • Air transport services- scheduled air transport (49%), non-scheduled air transport (74%).
  • Ground handling services – Civil Aviation (74%).
  • Satellites- establishment and operation (74%).
  • Private security agencies (49%).
  • Private Sector Banking- Except branches or wholly owned subsidiaries (74%).
  • Public Sector Banking (20%).
  • Commodity exchanges (49%).
  • Credit information companies (74%).
  • Infrastructure companies in securities market (49%).
  • Insurance and sub-activities (49%).
  • Power exchanges (49%).
  • Defence (49% above 49% to CCS).

(C)SECTORS REQUIRING CENTRAL GOVERNMENT APPROVAL

  • Tea sector, including plantations – 100%.
  • Mining and mineral separation of titanium-bearing minerals and ores, its value addition and integrated activities -100%.
  • FDI in enterprise manufacturing items reserved for small scale sector – 100%.
  • Defence – up to 49% under FIPB/CCEA approval, beyond – 49% under CCS approval (on a case-to-case basis, wherever it is likely to result in access to modern and state-of-the-art technology in the country).
  • Teleports (setting up of up-linking HUBs/Teleports), Direct to Home (DTH), Cable Networks (Multi-system operators operating at National or State or District level and undertaking upgradation of networks towards digitalization and addressability), Mobile TV and Headend-in-the Sky Broadcasting Service(HITS) – beyond 49% and up to 74%.
  • Broadcasting Content Services: uplinking of news and current affairs channels – 26%, uplinking of non-news and current affairs TV channels – 100%.
  • Publishing/printing of scientific and technical magazines/specialty journals/periodicals – 100%.
  • Print media: publishing of newspaper and periodicals dealing with news and current affairs- 26%, Publication of Indian editions of foreign magazines dealing with news and current affairs- 26%.
  • Terrestrial Broadcasting FM (FM Radio) – 26%.
  • Publication of facsimile edition of foreign newspaper – 100%.
  • Airports – brownfield – beyond 74%.
  • Non-scheduled air transport service – beyond 49% and up to 74%.
  • Ground-handling services – beyond 49% and up to 74%.
  • Satellites – 74%.
  • Private securities agencies – 49%.
  • Telecom-100%.
  • Single brand retail – 100%.
  • Asset reconstruction company – 100%
  • Banking private sector (other than WOS/Branches) – beyond 49% and up to 74%, public sector – 20%.
  • Pharmaceuticals – brownfield – 100%.
  • Medical Devices -100%

 

(D)RECENT POLICY CHANGES

  • FDI in commodity exchanges, stock exchanges & depositories, power exchanges, petroleum refining by PSUs, courier services under the government route has now been brought under the automatic route.
  • Removal of restriction in tea plantation sector.
  • FDI limit of 26% in defence sector raised to 49% under Government approval route. Foreign Portfolio Investment up to 24% permitted under automatic route. FDI beyond 49% is also allowed on a case to case basis with the approval of Cabinet Committee on Security.
  • Construction, operation and maintenance of specified activities of Railway sector opened to 100% foreign direct investment under automatic route.
  • ( Courtesy: www.makeinindia.com)

Note : The above mentioned data is as on October 15, 2015.

Happy reading!!

Compiled by Kandarp Rai

 

 

Jigyasa: Daily Current Affairs Quiz of Oct.24, 2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs Quiz of Oct.24, 2015 for you!!

  1. Which of the following bodies of India recently decided that the law on equal right for daughters over property is prospectively enforceable and not with retrospective effect?

1)            The Parliament

2)            The Supreme Court

3)            The National Human Rights commission

4)            The Central Administrative Tribunal

Answer: 2

  1. The Government of India has decided to give Indian citizenship to Adnan Sami, a singer, who belongs to

1)            Bangladesh

2)            Syria

3)            Pakistan

4)            Afghanistan

Answer: (3)

  1. Who among the following has been appointed as the new Chairman of the Atomic Energy Commission of India?

1)            Sekhar Basu

2)            R.K. Sinha

3)            K. Radhakrishnan

4)         Vijay Kumar Saraswat

Answer: (1)

  1. Rajiv Gandhi Tribal University is to be shifted from its present situation. It is situated at

1)            Jaipur

2)            Jodhpur

3)            Jaisalmer

4)            Udaipur

Answer: (4)

  1. The venue of the 3rd India-Africa Forum Summit is

1)            Nairobi

2)            Cap town

3)            Ahmedabad

4)            New Delhi

Answer: (4)

  1. Al-Aqsa mosque, which was recently in news, is situated in

1)            Saudi Arab

2)            Israel

3)            United Arab Emirates

4)            Yemen

Answer: (2)

  1. Brett McGurk has been named as new envoy for anti-IS campaign by which of the following countries?

1)            Russia

2)            United Kingdom

3)            United states

4)            Turkey

Answer: (3)

  1. According to a report, released by BoFA-ML, India is set to grow at 7.4 per cent in the current financial year. BoFA-ML is a banking organisation of

1)            United States

2)            Germany

3)            United Kingdom

4)            African Union

Answer: (1)

  1. Paytm, a leading mobile payment and e-commerce platform, has tied up recently with which of the following banks to offer mobile wallet top up facility through bank ATMs?

1)            Bank of Baroda

2)            Bank of Maharashtra

3)            Kotak Mahindra Bank

4)            Punjab and Sind Bank

Answer: (2)

  1. Recently the Board of Control for Cricket of which of the following countries decided to bring its administrators under the disciplinary ambit of the Ombudsman?

1)            India

2)            Pakistan

3)            Bangladesh

4)            Sri Lanka

Answer: (1)

Happy reading!!

TEAM CL

Jigyasa: Daily Current Affairs of Oct.22 , 2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the the Jigyasa: Daily Current Affairs of Oct.22 , 2015 for you!

  1. With which of the following countries United Kingdom has signed deal in October, 2015 to build the United Kingdom’s first nuclear power plant since the 1980?
  • China
  • USA
  • Japan
  • India

Answer: 1

  1. Who among the following has been appointed as the Chief Marketing Officer of Flipkart in October, 2015?
  • Aditya Agarwal
  • Samardeep Subandh
  • Sachin Bansal
  • Sujeet Kumar

Answer: 2

  1. Who is the author of the book “Dreaming Big: My Journey to Connect India”?
  • Rajiv Gandhi
  • Maneka Gandhi
  • Sam Pitroda
  • Nayudu

Answer: 3

  1. Which of the following Indian Cities has been ranked 11th among the best value destinations in the world in October, 2015?
  • Delhi
  • Mumbai
  • Bengaluru
  • Chennai

Answer: 2

  1. Which of the following banks inks partnership with Snapdeal and Blue Dart in October, 2015?
  • Yes Bank
  • IDFC Bank
  • HDFC Bank
  • Dena Bank

Answer: 1

  1. Which of the following Countries is going to launch six Singapore-made satellites in December, 2015?
  • India
  • USA
  • China
  • Russia

Answer: 1

  1. According to a Grant Thornton’s International Business Report India has been ranked … Position on global business optimism Index in the July-September quarter.
  • 1st
  • 2nd
  • 3rd
  • 5th

Answer: 2

  1. Name the China’s first high-resolution stereo mapping satellite for civilian use, which has sent back visual data covering 69.45 million square kilometres of the globe in October, 2015.
  • CZ-3B(A)
  • Ziyuan III
  • Kaituozhe-2
  • Kaituozhe-1

Answer: 2

  1. With an aim at encouraging people to use public transport, the First car-free day was celebrated in Delhi on…., 2015?
  • 20th October
  • 21st October
  • 22nd October
  • 23rd October

Answer: 3

  1. Name the First Indian professional tennis player to enter top-100 of ATP (Association of Tennis Professionals) rankings in October, 2015, since 2010.
  • Akhtar Ali
  • Yuki Bhambri
  • Vijay Amritraj
  • Prakash Amritraj

Answer: 2

Happy reading !!

TEAM CL

Jigyasa: Daily Current Affairs Quiz of Oct. 21, 2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs Quiz of Oct. 21, 2015 for you!

  1. Recently in October a IMS Health Skill Development Centre was launched under the aegis of:

1) VAYU

2) UDAAN

3) INDRADHANUSH

4) KARMA

Answer: 2

2.The aim of UDAAN is  empowering the youth of which state with active support and assistance from central government?

1) Rajasthan

2) Tripura

3) Manipur

4)Jammu & Kashmir

Answer: 4

  1. India-Africa summit is starting on October 26, 2015.It is going to be held in:

1) Jaipur

2) New Delhi

3) Lucknow

4) Chennai

Answer: 2

  1. A single window funding clearance mechanism backed with a Rs 1,000-crore kitty to get Indian technical institutions to conduct original research in areas where the country is heavily dependent on foreign technology is to be launch in November 2015. The name of the mechanism is:

1) IMPLAST

2) IMPRINT

3) EVERLAST
4) RESOLVE IN

Answer: 2

5.The name of the New Prime Minister of Canada is:

1) Stephen Harper

2) Justin Trudeau

3) Pierre Trudeau

4) Marcus Henry Jister

Answer:2

  1. Recently Russia build massive military base in northern Arctic region, The name of this base is:

1) Arctic Trefoil

2) Arctic Juss

3) Arctic Heaven

4) Arctic Tedon

Answer:1

  1. Microsoft nominated Padmasree Warrior to its board. She is associated with:

1) Cisco System

2) Johnson & Johnson

3) Oracle

4) Apple

Answer:1

  1. MUDRA Bank was established as a subsidiary of which among the following?

1) NABARD

2) SIDBI

3) RBI

4) Finance & Agriculture Ministry

Answer: 2

  1. Who among the following is appointed as new All India Council of Sports (AICS) Chief?

1) Matang Singh

2) V.K. Malhotra

3) Menakshi Lekhi

4) Brij Bhushan Saran Singh

Answer: 2

10.Who among the following is appointed as new Lokayukta of Delhi?

1) Reva Khetrapal

2) Shanti Bhatnagar

3) Amrita Shahni

4) Reema Distri

Answer:1

 Happy reading!!

TEAM CL

Jigyasa: Daily Current Affairs of Oct.20, 2015

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Daily Current Affairs Quiz
 

Dear Aspirants ,

Here is the Jigyasa: Daily Current Affairs of Oct.20, 2015 for you!

  1. United States and Spain agreed to clean up land contaminated by radiation from undetonated nuclear bombs that accidentally fell on a site in Spain in 1966. Name the site.
  • Alcanar
  • Nevada
  • Palomares
  • Grupo Zeta

Answer: 3

  1. The Reserve Bank of India on 19th October, 2015 has signed an information sharing pact with the Central Bank of one of the following Banks on Supervisory Cooperation and Exchange of Supervisory Information. Identify the country from the given options.
  • UAE
  • Malaysia
  • Singapore
  • China

Answer: 1

  1. Name the multinational technology company which has been ordered by a U.S. jury on 16th October, 2015 to pay the University of Wisconsin-Madison’s patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company’s iPhones and iPads without permission.

 

  • Intel
  • Apple Inc
  • Microsoft
  • Hewlett-Packard

Answer: 2

  1. Prime Minister Narendra Modi Inaugrated the IDFC Bank in New Delhi on 19th October, 2015. Its Head Quarter is located at…
  • Delhi
  • Kolkata
  • Mumbai
  • Chennai

Answer: 3

  1. Who is the Present Managing Director & CEO of the IDFC Bank Launched in October, 2015?

 

  • Deepak Parakh
  • Praveen Kumar
  • Rajiv B. Lall
  • Amitabh Chaudhry

Answer: 3

  1. Name the US-based Consulting firm acquired by Global software major Infosys for $70 million (Rs. 454 crores) on 19th October, 2015.
  • InvaGen and Exelan
  • Noah Consulting firm
  • Marsh & McLennan
  • None of the above

Answer: 2

  1. Name the Kerala Based Company that has developed the Chillr application?
  • Lekha Wireless Solutions
  • Integrated Wireless Solutions
  • Mobme Wireless solutions
  • Unitelworks Wireless Solutions

Answer: 3

  1. Name the Indian Tennis Player who has clinched the Vietnam Open trophy, single title in October, 2015?

 

  • Saketh Myneni
  • Rohan Bopanna
  • Somdev Devvarman
  • Ramanathan Krishnan

Answer: 1

 

  1. Name the bank which has become the second bank after HDFC to join Chillr mobile application?

 

  • IDFC
  • Canara Bank
  • Bank of India
  • Bank of Baroda

Answer: 4

  1. Who among the following is the present chairperson of National commission for Women?
  • Mamta Sharma
  • Lalita Devi
  • Durga Shanti
  • Lalitha Kumaramangalam

Answer: 4

 

 

Happy reading!!

TEAM CL

Jigyasa: Daily Current Affairs of Oct.19,2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs of Oct.19,2015 for you!

  1. Who among the following has been appointed as the Advocate General of Maharashtra on 14th October, 2015?
  • R M Kadam
  • Shreehari Aney
  • Sunil Manohar
  • Anil Singh

Answer: 2

  1. Which of the following States has declared drought in October, 2015?
  • Odisha
  • Rajasthan
  • Maharashtra
  • Uttar Pradesh

Answer: 3

  1. Name the NRI journalist who has been honoured with a Lifetime Achievement award by the Asian Cricket Awards in a ceremony at Lord’s Ground in October, 2015.
  • Mihir Bose
  • Nirmal Dey
  • Shakila Khatun
  • Swapan Nayak

Answer: 1

  1. Who among the following has been appointed as the legislative secretary, the top draftsman of the government on 17th October, 2015?
  • Sanjay Singh
  • PK Malhotra
  • Rama Krishna
  • G Narayana Raju

Answer: 4

  1. Who among the following has been appointed as the Director of the Centre for DNA Fingerprinting and Diagnostics (CDFD), Hyderabad on 16th October, 2015?
  • Dr Sarika
  • Dr G R Chandak
  • Dr Jagannath Pal
  • Dr Nilesh Kumar

Answer: 2

  1. Textiles-to-telecom conglomerate Aditya Birla Group on 16th October, 2015 entered pure play e commerce by launching fashion portal abof.com. Who is present president and CEO of Aditya Birla Online Fashion?
  • BR Gupta
  • Lalit Nayak
  • Tarjani Vakil
  • Prashant Gupta

Answer: 4

  1. Who among the following has been elected as the new Chairman of Association for Mutual Funds in India (AMFI)?
  • Leo Puri
  • Tanvi Verma
  • Sundeep Sikka
  • A Balasubramanian

Answer: 1

  1. Who among the following won the Under-16 Boys trophy in the Fenesta Open National Tennis championship on 17th October, 2015?
  • Chetan Baboor
  • Nitin K Sinha
  • Anthony Amalraj
  • Parikshit Somani

Answer: 2

  1. Who among the following won the Under-16 girls trophy in the Fenesta Open National Tennis championship on 17th October, 2015?
  • Neha Aggarwal
  • Akansha Bhan
  • Ankita Das
  • Sabhyata Nihalani

Anwer: 4

  1. According to the World Bank, the number of people living in extreme poverty will fall below ….percent in 2015.

 

  • 5%
  • 10%
  • 15%
  • 20%

Answer: 2

Happy reading!!

TEAM CL

IBPS PO -2015 (Preliminary) result is OUT!!

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Dear Future Bankers,

The result of the Preliminary examination conducted by IBPS for the post of Probationary Officers / Management Trainees -2015 earlier this month is out.

ibps image

 

 

The examination was conducted for the recruitment  of Probationary officers in various  Public Sector Undertaking Banks across India. You can access the result at

www.ibps.co.in

The main examination is scheduled on 31st October 2015.

We wish all the very best to the successful candidates!!

TEAM CL

 

SBI PO 2015 Final result is OUT!!

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Dear Future Bankers,

The result of the SBI PO 2015 examination is out. The examination was conducted in the month of June -2015 for 2000+ vacancies. The result can be accessed at

www.sbi.co.in.

Wish you all the very best!!

TEAM CL

Jigyasa: Daily Current Affairs of Oct.17, 2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs of Oct.17, 2015 for you!

  1. Which of the following acts of the parliament declared as ‘unconstitutional and void’ by the Supreme Court on16th October 2015?
  • Collegium system of “judges appointment Act
  • Whistle Blowers Protection Act
  • National Judicial Appointments Commission Act
  • India-Bangladesh Land Boundary Agreement Act

Answer: 3

 

  1. World Food Day (WFD) is observed across the world every year on…
  • 16th September
  • 2nd October
  • 15th October
  • 16th October

Answer: 4

 

  1. Who among the following has been appointed as new Chairman and Managing Director of Hindustan Petroleum Corporate Ltd (HPCL) on 16th October 2015?

 

  • M K Surana
  • Nishi Vasudeva
  • SP Gupta
  • P K Joshi

 

Answer: 1

 

  1. With which of the following countries Pakistan has signed a major agreement to build a 1,100-kilometre gas pipeline from Lahore to Karachi in October, 2015?
  • China
  • Russia
  • Afghanistan
  • Iraq

Answer: 2

 

 

  1. Which of the following countries has proposed to invest USD 30 billion in urban development and housing projects in India in October, 2015?
  • UK
  • Israel
  • Germany
  • Malaysia

Answer: 4

 

  1. Which of the following towns of India has been included in Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for providing basic urban infrastructure on16th October 2015?
  • Adoor
  • Rameswaram
  • Arakkonam
  • Chhapra

Answer: 2

 

  1. Which of the following state governments has signed with GAIL for facilitating construction of “Urja Ganga” Jagdishpur–Haldia Pipeline project in the state on 15th October 2015?
  • West Bengal
  • Jharkhand
  • Madhya Pradesh
  • Uttar Pradesh

Answer: 2

 

  1. With which of the following countries the Northern India Textile Research Association (NITRA) under textiles ministry has signed a memorandum of understanding in October, 2015?
  • Tajikistan
  • Israel
  • France
  • Australia

Answer: 1

 

  1. What Percent hike in dearness allowance (DA) has been announced by Tamil Nadu government on 16th October, 2015 for its employees and pensioners.

 

  • Five percent
  • Six Percent
  • Ten Percent
  • None of the above

Answer: 2

  1. Portugal has become the 17th country to sign an agreement with India on the establishment of one of the following universities. Identify the university from the given options.

 

  • Taxila Univesity
  • Nalanda University
  • Magadh University
  • None of the above

Answer: 2

Happy reading!!

TEAM CL

 

 

 

 

 

 

Jigyasa: Daily Current Affairs of Oct.16, 2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs of Oct.16, 2015 for you!

  1. Who among the following has been appointed as the Assistant Director-General of the UN’s Food and Agriculture Organization and Regional Representative for Asia and the Pacific on 15th October, 2015?
  • Hiroyuki Konuma
  • Jacques Diouf
  • Edouard Victor Saouma
  • Kundhavi Kadiresan

Answer: 4

 

 

  1. The government on 15th October, 2015 flagged off the ‘Science Express Climate Action Special’ train from Delhi, is a joint initiative of …
  • Ministry of railways
  • Ministry of science and technology
  • Ministry of Environment
  • All of the above

Answer: 4

 

 

  1. Supreme Court on 15th October, 2015 permitted voluntary use of Aadhaar cards for…
  • Welfare schemes
  • All pension schemes
  • Pradhan Mantri Jan Dhan Yojna
  • All of the above

Answer: 4

 

 

  1. In which of the following states the 4th International Tourism Mart 2015 was held in October, 2015?
  • Uttar Pradesh
  • Assam
  • Sikkim
  • Gujarat

Answer: 3

 

 

 

  1. Which of the following state governments on 15th October 2015, celebrated as Vaachan Prerna Diwas or Reading Day in all schools to honor the birth anniversary of Dr.APJ Abdul Kalam?
  • Maharashtra
  • Andhra Pradesh
  • Madhya Pradesh
  • Gujarat

Answer: 1

 

 

  1. Real estate developer Tata Housing on 15th October, 2015 has partnered with one of the following social networking firm to sell its affordable homes online. Identify the social networking firm.

 

  • Whats app
  • Facebook
  • Yahoo
  • Google

Answer: 2

 

 

  1. Name the fast patrol vessel, which was commissioned by the Indian Coast Guard on 15th October 2015.

 

  • HMS Archer
  • ICGS Anmol
  • HMS Smiter
  • ICGS Vishwast

Answer: 2

 

 

  1. President Barack Obama on 15th October 2015 has confirmed plans to extend the US military presence beyond 2016 in one of the following countries. Identify the country.
  • Syria
  • Afghanistan
  • Libya
  • Pakistan

Answer: 2

 

 

  1. Which of the following countries has reapproved Indian infrastructure conglomerate Adani Group’s $12 billion Carmichael coal mine and rail project in accordance with environment laws of that country?
  • Japan
  • Israel
  • France
  • Australia

Answer: 4

 

 

  1. Who among the following has been appointed as Twitter new executive chairman?
  • Jack Dorsey
  • Omid Kordestani
  • Evan Williams
  • Noah Glass

 

Answer: 2

Happy reading!!

TEAM CL

 

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