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.

Answer 1

The correct option is C

The remittances sent by an Indian doctor in Dubai back to his hometown in Kerala.

The U.S multinational Google opens it full-fledged unit at Gurgaon, Haryana is the example of foreign direct investment.