| Direction: Study the following passage carefully and answer the questions given below: |
| Since India's adoption of liberalization policy in 1991, multiple opportunities for investment have attracted various foreign investors. The government ensured that projects were approved quickly and moreover 34 industrial sectors were allowed automatic approval of projects. The investment was focused on the industrial sector and thus, has majorly contributed towards manufacturing sector growth. There was also relaxation in the percentage of ownership to be held by foreign actors. This led to various industrial project initiations in the sectors like automobiles, infrastructure, computer software's etc. Hence, Indias FDI is approximately 25 times more than what it was before adoption of liberation policy. |
A) There Pre-liberalized era of India did not allow FDI in the country
B) It mostly worked towards manufacturing sector growth
C) The implication and effect of FDI was minimal in India
D) FDI led to various industrial project initiations in India
Correct Answer: C
Solution :
(c)| 1. Modal reasoning |
| 2. Assumption |
| 3. Related Object Analogies |
| After liberalization policy was adopted, India has archived 25 times more FDI than pre liberalization era where the implications and positive results of FDI were less. |
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