CURRENT AFFAIRS

2020

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

With which country India has launched Bilateral Fast Track Mechanism to Increase Investment?

A	France
B	Bhutan
C	Japan
D	USA

Explanation:

Detailed explanation-1: -On September 27, the Department for Promotion of Industry and Internal Trade (DPIIT) and The Embassy of The Kingdom of The Netherlands officially agreed to formalize the bilateral Fast-Track Mechanism (FTM) between India and The Netherlands.

Detailed explanation-2: -India and the Netherlands have signed a joint statement to formalize the bilateral Fast-Track Mechanism between the two countries. The Joint statement aims to facilitate a platform for the Dutch companies operating in India, for faster resolution of investment cases.

Detailed explanation-3: -France is the 11th largest foreign investor in India with a cumulative investment of USD 10.31 billion from April 2000 to June 2022 which represents 1.70% of the total FDI inflows into India according to statistics provided by the Department for Promotion of Industry and Internal Trade (DPIIT).

There is 1 question to complete.