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| 1. |
Explain any 3 steps taken by the government to attract foreign investment. |
| Answer» Investment made by MNCs is known as foreign investment. In order to attract foreign investment following steps are taken by the Indian government :(i) Restrictions on trade and investment, have been removed to a large extent.(ii) India has allowed the Indian producers to compete with the producers of the world.(iii) Allowing privatisation of many public sector industries by the government. | |