WBCS.LIVE practice question

According to reports, the Indian government is preparing a major liberalisation of Foreign Direct Investment (FDI) norms in which specific sector?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Space Technology
  2. Civil Aviation
  3. Defence
  4. Telecommunications

Correct answer and explanation

Correct answer: Defence

Explanation: āœ… Correct Answer: C) Defence šŸ“š Explanation: The Indian government is preparing to significantly liberalise Foreign Direct Investment (FDI) norms in the defence sector. This move aims to attract global manufacturers and boost domestic arms production. It aligns with the national goal to reduce dependence on costly military imports.