In 1992,the Enron Development Corporation,a Subsidiary of the Houston-Based Energy

question 91

Multiple Choice

In 1992,the Enron Development Corporation,a subsidiary of the Houston-based energy company,signed a contract to build the largest-ever power plant in India,requiring a total investment of $2.8 billion.After Enron had spent nearly $300 million,the project was canceled by Hindu nationalist politicians in the Maharashtra state where the plant was to be built.Which of the following is(are) true?

• A)This move by the government played well with Indian voters with visceral distrust of foreign companies since the British colonial era.
• B)This move by the government was widely criticized in India on the grounds that it would deter future foreign investment.
• C)This move by the government was widely criticized in India on the grounds that severe power shortages have been one of the bottlenecks hindering India's economic growth.
• D)none of the options

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Definitions:

Experience

The knowledge or skill acquired by observing, participating in, or being exposed to events or activities over time.

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