FDI in Telecom Sector

FDI in Telecom Sector

Question. Consider the following statements regarding FDI in the telecom sector?

  1. India is the largest telecom market in the world.
  2. Total FDI was $6.2 billion in the telecom sector in 2017-18

Which of the above statements is/are correct?

(A)1 only

(B)2 only

(C)All of the above

(D)None of the above

Answer. D

Related facts-

  • FDI in Telecom Sector jumped five times in the last three years from $1.3 billion in 2015-16 to $ 6.2 billion in 2017-18 said the minister of state for communication.
  • He said keeping all future technologies in mind and their potential; draft National Digital Communication Policy (NDCP) 2018 has been formulated.
  • Presently 100 percent FDI is there in the telecom

                                                                                                                                          By RamayanUpadhyay

Links

http://www.pib.nic.in/PressReleseDetail.aspx?PRID=1547175