Consider the following statements about Foreign Investment Promotion Board (FIPB), which is in news frequently 1) The FIPB is inter-ministerial body that offers a single window clearance for applications on Foreign Direct Investment (FDI) that are under t

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Q: 95 (Current Affairs-JAN/2017)
Consider the following statements about Foreign Investment Promotion Board (FIPB), which is in news frequently
1) The FIPB is inter-ministerial body that offers a single window clearance for applications on Foreign Direct Investment (FDI) that are under the approval route.
2) The Finance minister is the chairman of FIPB.
Which of the above statements is/are correct?

question_subject: 

Current Affairs

stats: 

0,52,122,52,11,100,11

keywords: 

{'foreign investment promotion board': [0, 0, 0, 1], 'fipb': [0, 0, 0, 1], 'foreign direct investment': [0, 0, 2, 7], 'finance minister': [4, 0, 3, 1], 'fdi': [0, 0, 3, 7], 'chairman': [0, 0, 3, 5], 'approval route': [0, 0, 0, 1], 'single window clearance': [0, 0, 0, 1]}