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Question : 35
Total: 49
Read the following statements carefully:
Statement 1: Special Economic Zones (SEZ's) policy has led to huge Foreign Direct Investment (FDI) flow to China.
Statement 2: China's rapid industrial growth was the result of its economic reform in 1981.
In the light of the given statements, choose the correct alternative:
Statement 1: Special Economic Zones (SEZ's) policy has led to huge Foreign Direct Investment (FDI) flow to China.
Statement 2: China's rapid industrial growth was the result of its economic reform in 1981.
In the light of the given statements, choose the correct alternative:
Solution:
(a) Statement 1 is true and Statement 2 is false.
Explanation: SEZs were set up in China to attract huge FDI. China's rapid industrial growth was the result of economic reforms in 1978.
Explanation: SEZs were set up in China to attract huge FDI. China's rapid industrial growth was the result of economic reforms in 1978.
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