Union Commerce and Industry Minister Anand Sharma on March 31, 2010 released the final document of FDI Policy Framework that would now comprise the single document on FDI policy and mark the inception of a whole new chapter on FDI policy.

Mr. Sharma said the current exercise had been initiated with the aim of integration of all prior regulations on FDI, contained in Foreign Exchange Management Act (FEMA), RBI circulars, and various Press Notes into one consolidated document, so as to reflect the current regulatory framework. Having a single policy platform would also ease the regulatory burden for Government. The intention of this exercise is not to make changes in the extant guidelines, but to deal with them comprehensively.

Limit in LLP firms

The government said it was considering allowing FDI in limited liability partnership (LLP) firms and also to clearly define whether shares and bonds issued to overseas investors could be treated as foreign direct investment.

The government may also do away with Schedule IV of the FEMA that deals with sale and purchase of shares and debentures by NRIs and overseas corporate bodies on non-repatriable basis, Mr. Sharma said.

01. How many meaningful English words can be formed with the letters MASTE using each letter only once in each word ?
(a) None
(b) One
(c) Two
(d) Three
(e) More than three

02. Four of the following five are alike in a certain way and so from a group. Which is the one that does not belong to that group ?
(a) 78
(b) 48
(c) 72
(d) 54
(e) 42

03. In a certain code SAFER is written as 5@3#2 and RIDE is written as 2 © %#, how is FEDS written in that code ?
(a) 3#©5
(b) 3@%5
(c) 3#%5
(d) 3#%2
(e) None of these

04. Pointing to a woman. Nirmal said, “she is the daughter of my wife’s grandfather’s only. “How is the woman related to Nirmal ?
(a) Wife
(b) Sister-in-law
(c) Sister
(d) Data inadequate
(e) None of these

05. Four of the following five are alike in a certain way and so from a group. Which is the one that does not belong to that group ?
(a) Sweet
(b) Cake
(c) Pastry
(d) Bread
(e) Biscuit

06. In a certain code CONFUSED is written as EMNBEFTV. How is SECLUDED written in that code ?
(a) RDBKEFEV
(b) KBDRCDCT
(c) KBDREFEV
(d) MDFTCDCT
(e) None of these

07. What should come next in the following letter series ?
Z X V T R P N L J Y W U S Q O
(a) M
(b) K
(c) H
(d) J
(e) None of these

08. How many such digits are there in the number 9254716 each of which is as far away from the beginning of the number as when the digits are rearranged in ascending order?
(a) None
(b) One
(c) Two
(d) Three
(e) More than three

09. In a certain code language, ‘bring the white board’ is written as ‘ka na di pa’ and ‘white and black board’ is written as ‘na di sa ra’. How is ‘the’ written in that code ?
(a) ka
(b) pa
(c) ka or pa
(d) Data inadequate
(e) None of these

10. Among B, F, J, and W, each having a different weight, F is heavier than only J. B is heavier than F and W but not as heavy as K. Who among them is the third heaviest ?
(a) B
(b) F
(c) K
(d) W
(e) None of theses

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