Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
Question:
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
Options
Answer: A foreign company transfers shares and such shares derive their substantial value from assets located in India.
Explanation:
This refers to situations like the Vodafone case, where a foreign company transferred shares of another foreign company whose value came from Indian assets—hence “indirect transfer.”
Explanation:
This refers to situations like the Vodafone case, where a foreign company transferred shares of another foreign company whose value came from Indian assets—hence “indirect transfer.”
👉 Want AI explanation? Open in MCQ App
Recommended articles
- Hppsc Previous Year Questions (2021–2025) Free Practice — Practice HPPSC Himachal Pradesh PSC Prelims Paper 1 Previous Year Questions (2021–2025) online at UPSC Quizroom. Bilingual Hindi-English, AI explanations,…
- Daily Upsc Mcq Strategy — '); animation: float 20s ease-in-out infinite; pointer-events: none; } @keyframes float { 0%, 100% { transform: translate(0%, 0%) rotate(0deg); } 50% {…
- Free Cat Previous Year Questions Guide — Master CAT 2025 with free previous year questions. Practice 1000+ PYQs, mock tests, and detailed solutions. Complete guide to CAT preparation using past…