Concept of Greenfield airports - General Economics & Indian Economy

Q.  Consider the following statements:

1. Greenfield airports are built from scratch on undeveloped land
2. The government now permits up to 100 per cent Foreign Direct Investment in Greenfield airports.

Which of the above statements is/are correct?
- Published on 06 May 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 1
 
Kazi Nazrul Islam (KNI) Airport in West Bengal is India’s first private greenfield airport.

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