CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which spot did India In AT Kearney FDI Confidence Index 2018, USA Tops?
A
11
B
15
C
14
D
13
Explanation: 

Detailed explanation-1: -India was ranked 11th position in the FDI Confidence Index 2018 released by global consultancy firm A T Kearney.

Detailed explanation-2: -The correct answer is 11. India’s position in the 2018 FDI Confidence Index is 11. Global consultant AT Kearney on May 3, 2018, released the Foreign Direct Investment (FDI) Confidence Index 2018. The index ranked India at the 11th spot, three places down from the previous year.

Detailed explanation-3: -India ranks 10th amongst the top recipients of FDI in 2018, a notch down from last year, according to the report. FDI inflows to developing countries in Asia rose by 3.9 per cent to $ 512 billion in 2018.

Detailed explanation-4: -5 CONSTRUCTION DEVELOPMENT SECTOR The sector received FDI equity inflow of USD 213 Bn in FY 2018-19 which almost tripled to USD 617 Bn in FY 2019-2020.

Detailed explanation-5: -India could not manage to secure a position on the FDI Confidence Index for the second time. The country could get the 16th rank in the 2019 report while it held the 11th spot in 2018.

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