| I. FDI is a non-debt capital flow, is a leading source of external financing, especially for the developing economies. |
| II. It not only brings in capital and technical know- how but also increases the competitiveness of the economy. |
| III. Overall it supplements domestic investment, much required for sustaining the high growth rate of the country. |
| IV. Since 2000, significant changes have been made in the FDI policy regime by the government to ensure that India becomes an increasingly attractive and investor-friendly destination. |
A) I & II
B) II & III
C) Only IV
D) All the above
Correct Answer: D
Solution :
A non-debt capital flow, is a leading source of external financing, especially for the developing economies. It not only brings in capital and technical know-how but also increases the competitiveness of the economy. Overall it supplements domestic investment, much required for sustaining the high growth rate of the country. Since 2000, significant changes have been made in the FDI policy regime by the government to ensure that India becomes an increasingly attractive and investor-friendly destination.
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