Identify the concept :- To facilitate research in robotic technology,Japan has invested rs.1000 crores in india
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The concept in the given example is that of 'Specialized Foreign Direct Investment'.
Explanation:
- Japan is recognized as the world leader in robotic technology and many countries seek their assistance in the development of robotics in their own respective countries.
- The 1000 Crores worth of investment made by Japan in India is in terms of robotic technology. It means that Japan has dispensed its robotic technology worth rupees 1000 Crores to India in order to help India grow in the field of robotics through the assistance of Japan.
- This investment would enable India to undertake researches in the said field and mold the technology for India-specific utility.
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Answer :
CORRECT ANSWER IS (FDI) MEANS FOREIGN DIRECT INVESTMENT.
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