With reference to the andldquo;Gulf Business Summitandrdquo;, consider the following statements:1. It aims to discuss exploring investment opportunities in Jandamp;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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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?

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Daily Current Affairs MCQ- March 24, 2022

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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.

Answered by Notes Wala · View profile

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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?

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