According to the Department of Industrial Policy and Promotion data, Foreign Direct Investment, FDI in India rose 23% to.....dollars during the April to June quarter of this fiscal (2018-19).

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to the Department of Industrial Policy and Promotion data, Foreign Direct Investment, FDI in India rose 23% to____dollars during the April to June quarter of this fiscal (2018-19).

A	32.1 billion dollars
B	15.9 billion dollars
C	12.8 billion dollars
D	57.3 billion dollars

Explanation:

Detailed explanation-1: -The World Investment Report 2020 by the UN Conference on Trade and Development (UNCTAD) said that India was the 9th largest recipient of FDI in 2019, with $51 billion of inflow during the year, an increase from $42 billion of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.

Detailed explanation-2: -Key Findings of the WIR 2022. UNCTAD World Investment Report (WIR) 2022 has ranked India at 7th rank among the top 20 host economies for 2021, in terms of FDI.

Detailed explanation-3: -The correct answer is Services Sector.

Detailed explanation-4: -Moreover, total FDI inflow grew by 65.3%, i.e. from $266.21 bn in 2007-14 to $440.01bn in 2014-21 and FDI equity inflow also increased by 68.6% from $185.03 bn during 2007-14 to $312.05 bn (2014-21). India has attracted a total FDI inflow of $27.37 bn during the first four months of F.Y.

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