BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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?
A
China
B
USA
C
Australia
D
Singapore
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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