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Today General Knowledge(GK)
FDI refers to
A)
Foreign Deposits in India
B)
Foreign Direct Investment
C)
Fixed Deposits in India
D)
Future Derivative Investment

Correct Answer : Option (B) - Foreign Direct Investment



Foreign direct investment (FDI) is when a company takes controlling ownership in a business entity in another country. With FDI, foreign companies are directly involved with day-to-day operations in the other country.

Published On : June 1, 2021
Category : Insurance and Finance
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