New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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.

    Practice Next