Question : Foreign investment is known by which name in India?Option 1: SME (Small and Medium-sized Enterprises)Option 2: MDI (Management Development Institute)Option 3: FDI (Foreign Direct Investment)Option 4: CII (Confederation of Indian Industry)

Correct Answer: FDI (Foreign Direct Investment)

Solution : The correct answer is FDI (Foreign Direct Investment) .

The term “Foreign Direct Investment” (FDI) describes an investment made into another country by a person, business, or government. FDI fosters international trade by giving countries access to other markets, builds strong and durable ties between economies, and can play a significant role in the transfer of knowledge between nations.