Which of the following bodies has been abolished in Budget 2017?

Answer: [D] Foreign Investment Promotion Board (FIPB)

The Foreign Investment Promotion Board (FIPB) was a national agency of Government of India, which was responsible to consider or give approval to FDI in India. FIPB is now abolished as announced by Finance Minister Arun Jaitley during 2017-2018 budget speech in Lok Sabha.

This question is a part of GKToday's Integrated IAS General Studies Module