CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Care Ratings, which state topped the list of states in attracting investments during the first half of FY21?
A
Himachal Pradesh
B
Punjab
C
Andhra Pradesh
D
Tamil Nadu
Explanation: 

Detailed explanation-1: -Maharashtra, the financial capital of the country, tops the ranking with a favourable score not just in financial inclusion but also for the state government finances and social indicators.

Detailed explanation-2: -Gujarat and Rajasthan Emerge as India’s Leading Investment Destinations. Gujarat and Rajasthan have emerged as two of India’s top states for attracting corporate investments, inviting investments worth INR 3.98 trillion and INR 2.91 trillion, respectively, in FY 2022.

Detailed explanation-3: -Notes: Andhra Pradesh emerged as India’s top investment destination in the first seven months of 2022, as per the recent Department for Promotion of Industries and Internal Trade (DPIIT) report.

Detailed explanation-4: -By U.S. state, California received the most investment, totaling $64.1 billion, followed by Massachusetts ($53.8 billion) and New York ($34.2 billion). Greenfield investment expenditures-expenditures to either establish a new U.S. business or to expand an existing foreign-owned U.S. business-were $3.4 billion in 2021.

There is 1 question to complete.