New Enroll in RBI Grade B New Batch - Starts on May 21

    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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