state gov BPSC Assistant Revenue & Accounts Officer Test Series 2025 General Knowledge Economy External Sector and Currency Exchange rate
Foreign capital and technology are important for the growth of a country.
a) Domestic capital is inadequate for purpose of economic growth.
b) Foreign direct investment is the purchase of securities of foreign countries, such as stocks and bonds, on an exchange.
Which of the above statements is/are correct?
1
a only
2
b only
3
Both a and b
4
Neither a nor b