General Knowledge · Foreign Investments
Identify the correct statement among the options regarding international investment terms:
- 1Portfolio investment involves the foreign investor seeking long-term management control over the domestic company.
- 2Foreign Currency Convertible Bonds (FCCBs) cannot be converted into equities or GDRs.
- 3Global Depository Receipts (GDRs) are a type of convertible bond.
- 4Foreign Direct Investment (FDI) is an investment where the foreign investor retains management control over the enterprise.✓
Correct answer
Foreign Direct Investment (FDI) is an investment where the foreign investor retains management control over the enterprise.
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