SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    With reference to Foreign Direct Investment (FDI), which of the following statements is/are correct?

    A)  The United States is the world's largest recipient of FDI

    B)  FDI in China as also known as Renminbi Foreign Direct investment (RFDI)

    C)  FDI provides an inflow of foreign capital and funds investment in addition to an increase in the transfer of skills, technology and job opportunities.

    D)  All of the above

    Correct Answer: D

    Solution :

    [d] Foreign Direct Investment (FDI) is direct investment into production in a country by a company located in another country, either by buying a company in the target country or by expanding operations of an existing business in that country.

You need to login to perform this action.
You will be redirected in 3 sec spinner