Which of the following state- ments about `Invest India` is/ are correct? I. It Ls a joint venture (not for profit) company. 2. It is the National Invest- ment Promotion and Facili- tation Agency of India. Select the correct answer using the code given be

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Q: (CDS-II/2019)

Which of the following state- ments about 'Invest India' is/ are correct? I. It Ls a joint venture (not for profit) company.
2. It is the National Invest- ment Promotion and Facili- tation Agency of India.
Select the correct answer using the code given below :

question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,30,16,3,10,30,3

keywords: 

{'joint venture': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'ment promotion': [0, 0, 0, 1], 'company': [2, 2, 8, 11], 'tation agency': [0, 0, 0, 1], 'profit': [0, 0, 0, 1], 'ls': [0, 0, 0, 1], 'ments': [0, 0, 0, 2]}

The correct answer is option 3 - Both 1 and 2.

Option 1 states that `Invest India` is a joint venture (not for profit) company. This statement is correct. Invest India is a non-profit joint venture company between the Government of India and the Federation of Indian Chambers of Commerce and Industry (FICCI).

Option 2 states that `Invest India` is the National Investment Promotion and Facilitation Agency of India. This statement is also correct. Invest India is the official investment promotion and facilitation agency of the Indian government. It acts as a centralized point of contact for investors looking to invest in India and provides support and facilitation services to promote and facilitate investments in the country.

Therefore, both statements 1 and 2 are correct. The correct answer is option 3.