Choose if the given statement is True/False.

Investment and foreign investment are both different from each other.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The above statement is True.
Investment is the money spent on buying assets such as land, machinery, and other equipment. But, the investments made by the MNCs are known as foreign investments. Investments are only made with the hope of earning profits with those assets. To a large extent, foreign investment has helped various countries and economies grow. It also gives a greater choice of goods to the market's consumers. The government is taking various steps to attract foreign investors and invest in India. They have set up Special Economic Zones (SEZ), which have world-class facilities such as water, electricity, transport, storage, and educational facilities.

Watch 3-min video & get full concept clarity