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Question
Statement 1: Special Economic Zones (SEZ's) policy has led to huge Foreign Direct Investment (FDI) flow to China.
Statement 2: China's rapid industrial growth was the result of its economic reform in 1981.
In the light of the given statements, choose the correct alternative:
Options
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both statements 1 and 2 are true.
Both statements 1 and 2 are false.
Solution
Statement 1 is true and Statement 2 is false.
Explanation:
SEZs were established in China to attract massive FDI. China's rapid industrial growth was the result of its economic reform in 1978.
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Why did India and Pakistan introduce reforms?
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