alleryForeign Direct Investment (FDI) is
Ainvestment by foreign companies/individuals to acquire ownership or set up production
Ba remittance from migrants
Ca tax on imports
Dpurchase of bonds only
Answer & Solution
Correct answer: A. investment by foreign companies/individuals to acquire ownership or set up production
1. FDI: foreign company invests directly to set up or acquire a production facility.
2. Different from portfolio investment in stocks/bonds.
3. FDI brings capital, technology and managerial expertise.
_Source: syllabus Understanding Economic Development, Ch 4 "Globalisation and the Indian Economy"_
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