UPSC Exam  >  UPSC Questions  >  Consider the following statements:1. The Econ... Start Learning for Free
Consider the following statements:
1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.
2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.
3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. The Economic Survey 2023-24 advoc...
1. The Economic Survey 2023-24 indeed advocated for attracting investments from Chinese companies to boost exports. This is aimed at leveraging foreign expertise and investments to enhance the manufacturing capabilities of India.
2. The slow visa approval process for Chinese technicians has indeed led to delays in the commencement of production in multiple industries in India. This has been a significant issue, particularly highlighted in sectors like textiles and leather, where machinery has remained unused due to the absence of Chinese technicians required for activation.
3. The Government of India has not approved all FDI applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020. In fact, only a quarter of the total 435 FDI applications from China up to June 2023 have been approved, reflecting a cautious approach due to security concerns.
Therefore, statements 1 and 2 are correct, while statement 3 is incorrect. Thus, the correct answer is Option B: 1 and 2 Only.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. 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 Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 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 UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 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 Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 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 Consider the following statements:1. The Economic Survey 2023-24 advocated attracting investments from Chinese companies to boost exports.2. The slow visa approval process for Chinese technicians has led to delays in the commencement of production in multiple industries in India.3. The Government of India has approved all Foreign Direct Investment (FDI) applications from China submitted since the modification of the FDI policy under Press Note 3 (PN3), 2020.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

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