In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.
In a certain code language, '÷' represents '+', '-' represents 'x', '+' represents '÷' and 'x' represents '-'. Find out the answer to the following question.
The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?