2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India pips China in FDI inflows for the first time in _________?
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20 years
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15 years
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10 years
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16 yaers
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Explanation:
Detailed explanation-1: -In 1978, after an era of political and economic isolation under Mao Zedong, China announced its ‘open-door’ policy, permitting foreign direct investment (FDI) into the country.
Detailed explanation-2: -The government began liberalising FDI during 1980-91 with the Industrial Policy Statements of 1980 and 1982 followed by the Technology Policy Statement in 1983.
Detailed explanation-3: -Singapore is ranked one FDI provider to India.
Detailed explanation-4: -This statistic shows the annual flow of foreign direct investments from China to India between 2011 and 2021. In 2021, the FDI outflow from China to India reached around 279.5 million U.S. dollars.
There is 1 question to complete.