Question

FIPB was set up to promote and channelize foreign investment in India. true or false​

Answer 1

Answer:

may be it's true I guess ok

Answer 2

FIPB was set up to promote and channelize foreign investment in India. true or false​?

Answer :

True

Explanation :

Foreign Investment Promotion Board (FIPB) was established to promote and channelize foreign investment in India.

The Foreign Investment Promotion Board was a government agency set up by the Government of India with the main objective of attracting foreign direct investment (FDI) into India. The Foreign Investment Promotion Board functioned under the Ministry of Finance, Department of Economic Affairs, Government of India. The institution acted as a single window clearance for foreign direct investment proposals. This organization does not work at the present time. The Foreign Investment Promotion Board was abolished in 2017.

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