UPSC PRELIMS · ECONOMICS · FOREIGN DIRECT INVESTMENT

Consider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-resident external deposits Which of the above can be included in Foreign Direct Investments?

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

Foreign direct investment can include certain foreign instruments/receipts as permitted by policy; the official combination is 1 and 4.

Ready for the real thing?

Battle other aspirants in timed 1v1 Prelims duels, climb the rating ladder and keep your daily streak. Free and ad-free.