Read the following statements carefully and choose the correct alternative from the following: Statement 1 : Indian economy is a favorite destination for the foreign direct investments. Statement 2 : India has improved its ranking in the ease of doing business. Alternatives: (a) Both the statements are true. (b) Both the statements are false. (c) Statement 1 is true and Statement 2 is false. (d) Statement 2 is true and Statement 1 is false.
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both the statement are true
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The Given Statements are:-
Statement 1: Indian economy is a favorite destination for foreign direct investments.
Statement 2: India has improved its ranking in the ease of doing business.
The correct option is:- (a) Both the statements are true.
- The first statement is Indian economy is a favorite destination for foreign direct investments. Truly, In India especially in the special economic zones, there are a lot of foreign direct investments happening.
- The world has recognized the potential of the Indian market.
- Indian government gives a lot of facilities to foreign companies in terms of relaxation of tax and provides facilities such as SEZs etc.
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