Current Affairs Exam  >  Current Affairs Questions  >  With reference to the Citizenship by Investme... Start Learning for Free
With reference to the Citizenship by Investment Programme, consider the following statements:
1. Under it, a person becomes a naturalised citizen of another country by investing in that country.
2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.
3. People from any country can avail this scheme in India.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    1 and 2 only
  • c)
    3 only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the Citizenship by Investment Programme, consider th...
In News: Recently, the Citizenship by Investment Programme has become a trend among wealthy Indians to settle abroad.
Statement 1 is correct: Citizenship by Investment or Economic Citizenship is a scheme by which a person becomes a naturalised citizen of another country by investing in that country. The amount of investment varies from country to country.
Statement 2 is correct: If a foreigner invests an amount from Rs. 10 to Rs. 25 crores in India then he/she will be granted permanent residency status for a period of 10 years initially with multiple entry facility.
Statement 3 is not correct: In India, this scheme will not be applicable to Pakistani citizens or third-country nationals of Pakistani origin.
Attention Current Affairs Students!
To make sure you are not studying endlessly, EduRev has designed Current Affairs study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Current Affairs.
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
Question Description
With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
Solutions for With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the Citizenship by Investment Programme, consider the following statements:1. Under it, a person becomes a naturalised citizen of another country by investing in that country.2. A foreigner can invest between Rs. 10 to 25 crores in India and get permanent residency status for a period of 10 years initially.3. People from any country can avail this scheme in India.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev