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
Both (b) & (c)
B
Surya Ltd would be ‘foreign source’ having foreign shareholding more than 50% of foreign company.
C
Surya limited shall not be considered as foreign source because of its registration in India.
D
Surya Ltd would be ‘foreign source’ having foreign contribution through various international agencies.
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