CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country became the Fourth Largest Foreign Investor in United Kingdom?
A
India
B
Pakistan
C
Japan
D
Australia
Explanation: 

Detailed explanation-1: -The country through which UK companies invested the most into the UK in 2020 was the United States (Figure 3), which accounted for one-fifth of the UK round-tripping value. The other nine countries in the top 10 for round-tripping accounted for a further three-fifths of the total round-tripping value.

Detailed explanation-2: -The United States is the largest source of direct investment into the UK on an ultimate parent basis.

Detailed explanation-3: -The United States recorded the largest increase of inward foreign direct investment of all economies in 2021. The latest release of the IMF’s Coordinated Direct Investment Survey shows the US position increasing by $506 billion, or 11.3 percent, last year.

Detailed explanation-4: -India has remained the second largest investor in the UK for another year as revealed in the UK’s Department for International Trade Foreign Direct Investment (FDI) 2021/22 figures.

There is 1 question to complete.