CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which city did UAE’s Emaar start its first overseas mega-mall project?
A
Pulwama
B
Jammu
C
Srinagar
D
Kashmir
Explanation: 

Detailed explanation-1: -Srinagar: For the first time in the history of Jammu and Kashmir, the Union Territory has recorded its first Foreign Direct Investment ( FDI ) as a United Arab Emirates ( UAE )-based Emaar, a real estate company has come up with a mall in the outskirts of Srinagar, the summer capital of UT.

Detailed explanation-2: -Srinagar: Jammu and Kashmir (J&K) lieutenant governor Manoj Sinha on Sunday laid the foundation stone for a ₹250-crore mega shopping mall at Srinagar’s Sempora area to be constructed by Dubai-based Emaar Group, calling it the first “foreign direct investment” in the Union territory.

Detailed explanation-3: -"The UAE and India are comprehensive strategic partners and this project by EMAAR will be a landmark of Jammu and Kashmir.

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