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With reference to the “Gulf Business Summit”, consider the following statements:
1. It aims to discuss exploring investment opportunities in J&K in different sectors.
2. Around 16,000 kanals (1,999.9 acres) land bank has been opened for investments in Kashmir.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the “Gulf Business Summit”, consider the...
To instil confidence and familiarise with “growing conducive situation in J&K for investments”, delegates representing 33 companies from the UAE, Hong Kong and Saudi Arabia have arrived in Srinagar to turn Rs. 3,000 crore MoUs, signed earlier this year, into a reality.
  • The delegates will attend the “Gulf Business Summit” on March 22 and discuss exploring investment opportunities in J&K in different sectors.
  • This is for the first time an investor from Saudi Arabia has shown interest in J&K.
  • The J&K government had signed the MoUs in January with the UAE–based companies, including industrial giants like Emaar, Lulu, MATU Investments, Al Maya Group, GL Employment Brokerage LLC, Century Financial, IT giant Noon e–commerce etc.
  • Around 16,000 kanals (1,999.9 acres) land bank has already been opened for investments in Kashmir.
Hence both statements are correct.
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With reference to the “Gulf Business Summit”, consider the following statements:1. It aims to discuss exploring investment opportunities in J&K in different sectors.2. Around 16,000 kanals (1,999.9 acres) land bank has been opened for investments in Kashmir.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the “Gulf Business Summit”, consider the following statements:1. It aims to discuss exploring investment opportunities in J&K in different sectors.2. Around 16,000 kanals (1,999.9 acres) land bank has been opened for investments in Kashmir.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the “Gulf Business Summit”, consider the following statements:1. It aims to discuss exploring investment opportunities in J&K in different sectors.2. Around 16,000 kanals (1,999.9 acres) land bank has been opened for investments in Kashmir.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the “Gulf Business Summit”, consider the following statements:1. It aims to discuss exploring investment opportunities in J&K in different sectors.2. Around 16,000 kanals (1,999.9 acres) land bank has been opened for investments in Kashmir.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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