Quick practice
Question 1 of 5
Surya Ltd., incorporated and registered in New Delhi with a foreign shareholding more than 50% due to liberalization in Foreign Direct Investment (FDI) policy. State the correct statement as to the status of the Surya Ltd.
A
Surya Ltd would be ‘foreign source’ having foreign shareholding more than 50% of foreign company.
B
Surya Ltd would be ‘foreign source’ having foreign contribution through various international agencies.
C
Surya limited shall not be considered as foreign source because of its registration in India.
D
Both (b) & (c)
Get unlimited practice with CA Final Group 1 subscription
Boost your performance with adaptive practice tests
Practice every concept in the syllabus
Compare your speed and accuracy with your peers
Download the app and practice on the go