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.


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