Question 1

The IRDA act passed in the year

Accepted Answer

The IRDA (Insurance Regulatory and Development Authority) Act was passed in the year 1999, establishing the IRDA as an autonomous body to regulate and promote the insurance and re-insurance industries in India.

Question 2

Which of the following statements best defines FDI

Accepted Answer

FDI (Foreign Direct Investment) involves investing in foreign assets to acquire a lasting interest and control in a business, which differentiates it from portfolio investments where investors do not seek control over the business.

Question 3

Which of the following constitutes foreign direct investment?

Accepted Answer

The answer of Which of the following constitutes foreign direct...

Question 4

Which of the following best describes horizontal foreign direct investment?

Accepted Answer

Horizontal foreign direct investment (FDI) occurs when a firm invests in the same industry abroad as it operates in at home, aiming to produce the same products or offer the same services in a foreign market.

Quiz 1: Indian Economic Policies and Industries

The IRDA act passed in the year

Which of the following statements best defines FDI

Which of the following constitutes foreign direct investment?

Which of the following best describes horizontal foreign direct investment?