Pick the error from the following news clipping:

Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of non-debt financial resource for the economic development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax exemptions, etc. For a country where foreign investments are being made, it also means achieving technical know-how and generating employment. The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.

Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of both debt and non-debt financial resources for the economic development of India.

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The top five sector wise FDI inflows would include defense, restaurants, construction, computers and trading.

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The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.

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There is no error in the news clipping

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Solution

The correct option is C
The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.

The top five sector wise FDI inflows would not include services sector, telecom, computers, automobile industry and trading.

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Similar questions

Q. With reference to the Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI), consider the following statements:

Which of the above statements is/are correct?

1 and 2 only
2 only
1 and 3 only
3 only

46. Consider the following statements in terms of FDI investment into Indian Economy.

1. The main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and automobile.

2. Bulk of the FDI came in from Singapore, Mauritius , The Netherlands and Japan.

Select the correct answer using the code given below.

Q. Q. With reference to the Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI), consider the following statements:Which of the above statements is/are correct?

1 and 2 only
2 only
3 only
1 and 3 only

Q. 'FDI is an investment which a parent company makes in a foreign country. Where as FII is an investment made by an investor in the market of a foreign country'. State whether the statement is true or false.

14. Consider the following statements,
1] Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased.

2] A foreign institutional investor (FII) is an investor or investment fund registered in a country outside of the one in which it is investing. Institutional investors most notably include hedge funds, insurance companies, pension funds and mutual funds.

Which of the above statements is/are correct?

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The correct option is C The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading. The top five sector wise FDI inflows would not include services sector, telecom, computers, automobile industry and trading.

The correct option is C
The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.

The top five sector wise FDI inflows would not include services sector, telecom, computers, automobile industry and trading.