CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India ranked at which spot in the top recipients of FDI in the last calendar year (2021), according to the UNCTAD World Investment Report?
A
12th
B
7th
C
13th
D
5th
Explanation: 

Detailed explanation-1: -UNCTAD World Investment Report (WIR) 2022 has ranked India at 7th rank among the top 20 host economies for 2021, in terms of FDI. In 2021, FDI inflows increased from USD 74,391 million in FY 19-20 to USD 81,973 million in FY 20-21.

Detailed explanation-2: -It may be noted that as per the UNCTAD World Investment Report (WIR) 2022, in its analysis of the global trends in FDI inflows, India has improved one position to 7th rank among the top 20 host economies for 2021.

Detailed explanation-3: -India’s Rank in FDI Confidence Index 2022 India placed eighth and joined the top ten in 2017.

Detailed explanation-4: -The top 10 economies for FDI inflows in 2021 were the US, China, Hong Kong, Singapore, Canada, Brazil, India, South Africa, Russia and Mexico but among them only India witnessed a decline in inflows. The top recipient of FDI was the US at $367 billion followed by China at $181 billion and Hong Kong at $141 billion.

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