CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much FDI has been received by Ministry of Defence during the period April 2000 and December 2019?
A
$8.82 million
B
$50.82 million
C
$10.82 million
D
$3.82 million
Explanation: 

Detailed explanation-1: -FDI Increase in 2020 The FDI equity inflow in India stood at US$ 469.99 billion during April 2000 and March 2020- the Department for Promotion of Industry and Internal Trade (DPIIT).

Detailed explanation-2: -2 SERVICE SECTOR It has the highest contribution of 17% amongst other sectors in terms of total FDI inflow received in the country during April 2000 - March 2020. It also witnessed the highest FDI equity inflow of USD 7.85 Bn in FY 2019-20.

Detailed explanation-3: -2020, has liberalised and allowed FDI under automatic route up to 74% and up to 100% through Government route wherever it is likely to result in access to modern technology. Since the notification of revised FDI policy, the total FDI inflow reported till May, 2022 is approximately Rs. 494 Crores.

Detailed explanation-4: -India has so far received healthy foreign direct investment (FDI) in 2022. As per the latest figures of the government, India has registered its highest-ever total FDI inflows of $84.84 billion in 2021-22.

There is 1 question to complete.