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    Question

    Consider the following statements: 1.┬а┬а┬а

    The World Investment Report is released by the World Economic Forum. 2.┬а┬а┬а India is the third largest recipient of FDI in the top 20 host countries in 2021 as per the World Investment Report 2022. 3.┬а┬а┬а In FY22 India received the highest-ever FDI inflows Which of the statements given above is/are correct?┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 and 2 only Correct Answer Incorrect Answer
    E 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    The World Investment Report 2022 of UNCTAD places India as the seventh largest recipient of FDI in the top 20 host countries in 2021.┬аHence, statement 1 and 2 are not correct. In FY22 India received the highest-ever FDI inflows of US$ 84.8 billion including US$ 7.1 billion FDI equity inflows in the services sector. To facilitate investment, various measures have been undertaken by the Government, such as the launch of the┬аNational Single-Window system, a one-stop solution for approvals and clearances needed by investors, entrepreneurs, and businesses

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