BANKING GENERAL KNOWLEDGE
Question
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According to the Department of Industrial Policy and Promotion data, which of the following country was the largest source of FDI during April to June quarter with 6.52 billion dollars?
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China
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USA
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Australia
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Singapore
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -Top recipients of FDI inflows worldwide in Q3 2022 were the United States (USD 86 billion), Ireland (USD 37 billion) and the United Kingdom (USD 36 billion).
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