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The scheme permits investors to buy the shares from foreign companies

  • A.Under the scheme the investors may be permitted to buy shares from foreign companies
  • B.Under the scheme the investors have been permitted to buy shares from foreign companies
  • C.Under the scheme the investors are permitted to buy shares from foreign companies
  • D.Under the scheme the investors were permitted to buy shares from foreign companies

Answer: C

It is a simple present tense sentence because the first form of verb is given (active voice) to us. Its transformation to passive tone would be of the form ‘is / am / are + past participle form of the verb'. So, option (c) is correct.

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