Consider the following statements
1. Packaging machinery industry, like other industrial machinery, is allowed for 100% FDI under automatic approval.
2. Food processing machinery can be classified under the general category of industrial machinery which is de-licensed under the current industrial policy and qualifies for 100% FDI under automatic approval.
Which of the statements given above is/are correct?


A) Only 1

B) Only 2

C) Both 1 and 2

D) Neither 1 nor 2

Correct Answer:
C) Both 1 and 2


Part of solved Industries and Infrastructure questions and answers : General Knowledge >> Economy >> Industries and Infrastructure








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