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Question
Which of the following can be considered as Foreign Direct Investment made in India?
A. The TATAs acquire Corus steel plant abroad.
B. Mr. Donald, an American citizen, acquires 100 shares of an Indian listed company.
C. The remittances sent by an Indian doctor in Dubai back to his hometown in Kerala.
D. The US multinational Google opens its full-fledged unit at Gurgaon, Haryana.
Which of the following can be considered as Foreign Direct Investment made in India?
A. The TATAs acquire Corus steel plant abroad.
B. Mr. Donald, an American citizen, acquires 100 shares of an Indian listed company.
C. The remittances sent by an Indian doctor in Dubai back to his hometown in Kerala.
D. The US multinational Google opens its full-fledged unit at Gurgaon, Haryana.
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Solution
The correct option is C D only
FDI stands for foreign direct investment. According
to it, foreign companies invest directly in fast growing business areas to make
use of cheaper wages and changing business environment. Example is The US
multinational Google opens its full-fledged unit at Gurgaon, Haryana.
FDI stands for foreign direct investment. According to it, foreign companies invest directly in fast growing business areas to make use of cheaper wages and changing business environment. Example is The US multinational Google opens its full-fledged unit at Gurgaon, Haryana.
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