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Consider the below statements:

1. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13. 

2. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14. 

3. India is one of the largest foreign exchange reserve holders in the world.

Select the correct statements using the codes given below:

  • a)
    1 and 2 only

  • b)
    1 only

  • c)
    1 and 3 only 

  • d)
    2 and 3 only

Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the below statements:1. The foreign investment, which include...
The opening of the economy has led to a rapid increase in foreign direct investment and foreign exchange reserves. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $100 million in 1990-91 to US $ 30 billion in 2017-18. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 413 billion in 2018-19. India is one of the largest foreign exchange reserve holders in the world.
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Most Upvoted Answer
Consider the below statements:1. The foreign investment, which include...
NCERT says FI has increased from about USD 100 million in 1990-91 to USD 36 billion in 2016-17. Thus option 1 is incorrect
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Community Answer
Consider the below statements:1. The foreign investment, which include...
Explanation:

Statement 1: The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13.

This statement is correct. It states that foreign investment, which includes both foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13. This shows a significant increase in foreign investment in India over the years.

Statement 2: There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14.

This statement is correct. It states that there has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14. This shows that India's foreign exchange reserves have grown significantly over the years, indicating a strong position in terms of foreign currency holdings.

Statement 3: India is one of the largest foreign exchange reserve holders in the world.

This statement is correct. India is indeed one of the largest foreign exchange reserve holders in the world. As mentioned in statement 2, India's foreign exchange reserves reached about US $ 304 billion in 2013-14. This places India among the countries with the highest foreign exchange reserves globally.

Therefore, all the statements are correct.

Conclusion: The correct option is D) All are correct.
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Read the following passage and answer on the basis of the same :The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Q. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth.

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Consider the below statements:1. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13.2. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14.3. India is one of the largest foreign exchange reserve holders in the world.Select the correct statements using the codes given below:a)1 and 2 onlyb)1 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?
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