WBCS.LIVE practice question
More expansion of foreign direct investment can boost
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: employment
Explanation: ā Correct Answer: C) employment š Explanation: An expansion of 'Foreign Direct Investment' (FDI) typically leads to the setting up of new industries, factories, and service centers. This infrastructure development directly 'boosts employment' opportunities by creating many new jobs for the local population. FDI also brings in new technology and better management practices.