BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
FDI to India decreased to____billion dollars last year from 44 billion dollars in 2016 while outflows from India, the main source of investment in South Asia, more than doubled, according to a new trade report by the UN.
A
39 billion dollars
B
38 billion dollars
C
41 billion dollars
D
40 billion dollars
Explanation: 

Detailed explanation-1: -Why FDI Inflows declined? Experts say that the proximate reason is that big-ticket mergers and acquisitions (M&As) which attracted FDI flows in recent years were not repeated.

Detailed explanation-2: -Foreign direct investment (FDI) inflows in ASEAN surged by 42% in 2021 to US$174 billion.

Detailed explanation-3: -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-4: -The correct answer is Services Sector.

There is 1 question to complete.