CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to UNCTAD, FDI inflow all over the world will reduce by ____ due to Corona Virus?

A	10%
B	15%
C	20%
D	25%

Explanation:

Detailed explanation-1: -According to the UNCTAD [47], COVID-19 has also caused a collapse in investment flows to sectors relevant for the Sustainable Development Goals (SDGs) in developing countries. FDI inflows to infrastructure fell by 54%, and the same goes for health.

Detailed explanation-2: -According to the United Nations Conference on Trade and Development (UNCTAD), India jumped one position to 7th among the top recipients of foreign direct investment (FDI) 2021.

Detailed explanation-3: -UNCTAD World Investment Report (WIR) 2022 has ranked India at 7th rank among the top 20 host economies for 2021, in terms of FDI.

Detailed explanation-4: -Global foreign direct investment (FDI) flows have passed a critical juncture and are now on a downward trajectory, as ongoing uncertainty, inflation and the risk of recession dampen investor sentiment.

There is 1 question to complete.