Question : Which sector witnessed the largest inflow of foreign direct investment (FDI) after the 1991 economic policy?
Option 1: Manufacturing
Option 2: Agriculture
Option 3: Services
Option 4: Infrastructure
Correct Answer: Services
Solution : The correct answer is (c) Services.
The liberalization measures and economic reforms opened up opportunities in the services sector, including areas such as information technology, telecommunications, banking and financial services, business process outsourcing (BPO), and other knowledge-intensive services. These sectors attracted significant foreign investments due to the availability of skilled manpower, cost competitiveness, and the growing global demand for services.
Question : The 1991 economic policy allowed for automatic approval of foreign direct investment (FDI) in which sector?
Question : What was the main objective of financial sector reforms in the 1991 economic policy?
Question : Which industry was delicensed and allowed for automatic approval of foreign direct investment (FDI) in the 1991 economic policy?
Question : The 1991 economic policy allowed for the entry of foreign investment in which sector?
Question : What is the full form of FDI?
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