Question:
How much Foreign Direct Investment (FDI) in country’s defence sector was proposed in the Union Budget 2014–15 presented on 10 July 2014?
How much Foreign Direct Investment (FDI) in country’s defence sector was proposed in the Union Budget 2014–15 presented on 10 July 2014?
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FDI cap in defence raised to 49% in Budget 2014 to boost Make in India.
Updated On: Aug 7, 2025
- 51%
- 49%
- 29%
- 10%
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The Correct Option is B
Solution and Explanation
The Union Budget 2014–15 proposed to raise the FDI limit in the defence sector from 26% to 49%. This move aimed to encourage foreign investment while retaining Indian control.
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