SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements best defines FDI?
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Buying shares of companies in a foreign country without gaining control over management
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Loans from multilateral institutions like IMF and World Bank
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Investment in foreign assets to acquire lasting business interest
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Foreign currency deposits of non-resident citizens
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Explanation:
Detailed explanation-1: -Foreign direct investment (FDI) is the category of international investment that reflects the objective of obtaining a lasting interest by an investor in one economy in an enterprise resident in another economy.
There is 1 question to complete.