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Ias Gs Pyq question with answer

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Question #125,610
Ias Gs Pyq English MCQ UPSC CSE Prelims 2003

Q.Consider the following statements: 1. The maximum limit of shareholding of Indian promoters in private sector banks in India is 49 percent of the paid up capital 2. Foreign Direct Investment up to 49 percent from all sources is permitted in private sector banks in India under the automatic route Which of these statements is/are correct?