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UPSC NDA I 2016 General Ability Solved Paper

Question : 147 of 150

Marks: +1, -0

Which of the following is/are not FDI policy change(s) alter 2010?

1. Permission of 100 per cent FDI in the automotive sector

2. Permitting foreign airlines to make FM up to 49 per cent

3. Permission of up to 51 per cent FDI under the government approval route in multi-brand retailing, subject to specified conditions

4. Amendment of policy on FDI in single-brand product retail trading for aligning with global practices

Select the correct answer using the code given below:

1 only
2 and 4 only
1 and 2 only
All of the above

Validate

Solution:

Concept:

Identify which given statements were not FDI policy changes introduced after the year 2010.

Explanation:

Statement 1:

100\%

FDI in the automotive sector was already permitted before 2010. Hence, it is not a policy change after 2010.

Statement 2: Allowing foreign airlines to invest up to

49\%

in Indian carriers was a change introduced after 2010 (in 2012). So it is a policy change.

Statement 3: Permitting up to

51\%

FDI under government approval in multi‑brand retail was a change after 2010 (announced in 2011). So it is a policy change.

Statement 4: Amendment of FDI policy in single‑brand retail to align with global practices occurred after 2010 (updates in 2011‑2012). So it is a policy change.

Therefore, only statement 1 is not a policy change after 2010.

Answer:

A. 1 only

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