FPI and Portfolio Investment — Prelims Questions

Consider the following statements about Foreign Portfolio Investment (FPI) in India: 1. FPI investors can hold up to 15% stake in any Indian company without it being classified as FDI 2. Category I FPIs include sovereign wealth funds and central banks 3. Participatory Notes can be issued against other Participatory Notes 4. All FPI investments require prior government approval Which of the statements given above are correct?

Which of the following best describes the primary difference between FPI and FDI in the Indian context?

Consider the following statements about Participatory Notes (P-Notes): 1. They are issued by SEBI to foreign investors 2. They allow indirect investment in Indian securities 3. The beneficial ownership of P-Note holders must be disclosed 4. They can only be used for equity investments Which of the statements given above are correct?

The three-tier categorization of FPIs introduced by SEBI in 2019 is primarily based on:

Which of the following sectors typically has the most restrictive FPI investment limits in India?