Multiple choice

GE (General Electric), the US based company, which held its Corporate Excellence Council (CEC) meeting in New Delhi on March 14-15, 2011, decided to invest \$ 200 in India. Which is/are true about the investment of GE in India?

(I) Investment would be made in a phased manner. (II) In 1st phase, an investment of \$50 million would be made of total investment.

  1. Only I

  2. Only II

  3. Both I and II

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Investment would be made in a phased manner and In 1st phase, an investment of $50 million would be made of total investment. Hence both I and II are correct.

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