The term 'Green Field Investment' refers to: MCQ with Answer and Explanation

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The term 'Green Field Investment' refers to:

A. Mergers and acquisitions only

B. Setting up of new production facilities from scratch

C. Portfolio investment in bonds

D. Investment in existing companies through stock markets

Answer: Option B

Solution (By JKSSB Mock Tests)

Greenfield investment is a form of foreign direct investment where a parent company establishes new operations and facilities in a foreign country from the ground up.

This question belongs to: Economy GK Economy Set 1

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Question #1

Tenancy reforms in India primarily aim to:

A. increase landowner rights only

B. provide security of tenure and fair rent to tenants

C. abolish all tenancy

D. increase rent burden on tenants

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Correct Answer: Option B

Explanation:
Tenancy reforms aim to provide security of tenure and fair rents to tenants.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Estimates Committee' in Parliament examines:

A. foreign policy

B. judicial appointments

C. budget estimates and efficiency of expenditure

D. CAG reports

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Correct Answer: Option C

Explanation:
Estimates Committee examines budget estimates and efficiency of expenditure.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Biological Diversity Act' was enacted in which year?

A. 2000

B. 2006

C. 2010

D. 2002

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Correct Answer: Option D

Explanation:
The Biological Diversity Act was enacted in 2002.

This question belongs to: Economy GK Economy Set 1

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