CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The total Foreign Direct Investment (FDI) into India in 2017-18 stood at
A
$27.36 billion
B
$17.36 billion
C
$37.36 billion
D
$47.36 billion
Explanation: 

Detailed explanation-1: -In 2017-18, it was USD 60.97 billion and in 2016-17, the FDI inflow to India stood at USD 60.22 billion.

Detailed explanation-2: -India foreign direct investment for 2020 was $64.36B, a 27.17% increase from 2019. India foreign direct investment for 2019 was $50.61B, a 20.17% increase from 2018. India foreign direct investment for 2018 was $42.12B, a 5.38% increase from 2017.

Detailed explanation-3: -Manufacturing sector had majority share in total FDI.

Detailed explanation-4: -The Government of India announced on January 29th that foreign direct investment (FDI) equity inflows to the services sector grew by 15 per cent during the first seven months of the financial year 2017-18 (April-October). This was revealed as part of the Economic Survey 2017-18 report.

Detailed explanation-5: -The correct answer is Services Sector.

There is 1 question to complete.