CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India approved 98 FDI proposals from countries sharing borders since in which month 2020?
A
May
B
February
C
April
D
January
Explanation: 

Detailed explanation-1: -Since 18th April, 2020, 347 FDI Proposals have been received by the Government from countries sharing land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country.

Detailed explanation-2: -The Indian services sector was the largest recipient of FDI inflows worth US$ 96.76 billion between April 2000-June 2022. According to RBI: Bank credit stood at Rs.

Detailed explanation-3: -The investment is more than Karnataka ( ₹2, 93, 149 crore, 331 projects) and Gujarat ( ₹ 2, 36, 866 crore, 602 projects), states the survey. When it comes to inflow of FDI, Karnataka is in top position. For the two consecutive years, it has received more FDI than Maharashtra.

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