SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Money that is spent to buy assets such as land, building, machines and other equipments is called ____
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Export
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Import
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Investment
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Infrastructure
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Explanation:
Detailed explanation-1: -Answer: The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNCs is called foreign investment.
Detailed explanation-2: -The correct option is A investment.
Detailed explanation-3: -Fixed capital requirements In order to start business, funds are required to purchase fixed assets like land and building, plant and machinery, and furniture and fixtures. This is known as fixed capital requirements of the enterprise.
There is 1 question to complete.