UPSC Civil Services Prelims 2013
Question 14 of 64Indian Economy
Which one of the following best describes ‘Foreign Direct Investment’?
AA short-term speculative investment in government securities
BA long-term investment involving ownership interest and control in an enterprise
CA grant given by one government to another
DA deposit made by non-resident Indians in Indian banks
Correct Answer
The correct answer is hidden
Explanation
24 words hidden ... degree of influence or control. It is therefore different from short-term portfolio flows, intergovernmental grants, or ... 23 words hidden