Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

MNCs set up factories and offices for production. What is the money that is spent to buy assets such as land, building, machines and other equipment called as?

Options:

Foreign exchange reserves

Public investment

Foreign investment

All of the above

Correct Answer:

Foreign investment

Explanation:

MNCs set up factories and offices for production. The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNCs is called foreign investment as these are the companies from other countries i.e. foreign nations thus, we term is at foreign investment.