2019 · Q9
Which of the following statements about 'Invest India' is/are correct ?
- 1It is a joint venture (not for profit) company.
- 2It is the National Investment Promotion and Facilitation Agency of India.
Select the correct answer using the code given below :
General KnowledgeStatic General Awareness
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
Invest India, set up in 2009, is the National Investment Promotion and Facilitation Agency of India — a not-for-profit joint venture between the government (DPIIT) and industry federations. It acts as the first point of reference for investors and facilitates investment across sectors. Both statements about it are therefore correct.