BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the country, which was the largest source of foreign investment in India (21.8 percent share at market value), followed by the US and the UK, according to a census by the Reserve Bank of India.
A
UK
B
Japan
C
US
D
Mauritius
Explanation: 

Detailed explanation-1: -Mauritius was the largest source of foreign investment in India, followed by the US and the UK, according to the census by the RBI.

Detailed explanation-2: -Trend on Foreign Direct Investment (FDI) in India. Singapore (27.01%) and USA (17.94%) have emerged as top 2 sourcing nations in FDI equity flows into India in FY2021-22 followed by Mauritius (15.98%), Netherland (7.86%) and Switzerland (7.31%).

Detailed explanation-3: -United States Is World’s Top Destination for Foreign Direct Investment.

Detailed explanation-4: -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.

There is 1 question to complete.