BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to the Department of Industrial Policy and Promotion data, Foreign Direct Investment, FDI in India rose what percent to 12.8 billion dollars during the April to June quarter of this fiscal?
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20%
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18%
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23%
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28%
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Explanation:
Detailed explanation-1: -India has so far received healthy foreign direct investment (FDI) in 2022. As per the latest figures of the government, India has registered its highest-ever total FDI inflows of $84.84 billion in 2021-22.
Detailed explanation-2: -FDI equity inflows into India contracted by 14 per cent to USD 26.9 billion during the April-September this fiscal, according to the DPIIT data.
Detailed explanation-3: -Sector-wise FDI Equity Inflows during April-September 2022 During the first half of this fiscal, Singapore emerged as the top investor. It was followed by Mauritius, the U.A.E., the U.S.A., the Netherlands and Japan.
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