Logical Reasoning Question 20
Question; Direction; Study the following passage carefully and answer the questions given below:
Since India’s adoption of liberalization policy in 1991, multiple opportunities for investment have attracted various foreign investors. The government ensured that projects were approved quickly and moreover 34 industrial sectors were allowed automatic approval of projects. The investment was focused on the industrial sector and thus, has majorly contributed towards manufacturing sector growth. There was also relaxation in the percentage of ownership to be held by foreign actors. This led to various industrial project initiations in the sectors like automobiles, infrastructure, computer software’s etc. Hence, India’s FDI is approximately 25 times more than what it was before adoption of liberalization policy. What can be assumed about the Indias FDI in pre liberalization era?
Options:
A) There was no FDI in the country during the pre-liberalized era of India
B) It mostly worked towards manufacturing sector growth
C) The implication and effect of FDI has been significant in India
D) FDI led to various industrial project initiations in India
Show Answer
Answer:
Correct Answer; C
Solution:
- (c)
- Modal reasoning
- Assumption(s)
- Related Object Analogies After liberalization policy was adopted, India has attracted 25 times more FDI than pre liberalization era where the implications and positive results of FDI were less.
BETA
