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      Question

      Which of the following correctly describes Brownfield

      Project?
      A An agricultural land Correct Answer Incorrect Answer
      B It refers to an existing project Correct Answer Incorrect Answer
      C Only the land with laterite soil Correct Answer Incorrect Answer
      D Only the land categorised by the India Industrial Land Bank Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      With greenfield investing, a company will build its own, brand new facilities from the ground up. Brownfield investment happens when a company purchases or leases an existing facility.

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