The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?_x005F_x000D_

The Government of India in the Month of November 2015 decided to allow

1.	The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?_x005F_x000D_
A.	0.1
B.	0.16
C.	0.25
D.	0.24
Answer» E.