Question

The country has registered its highest-ever FDI inflows of $84.84 billion in which of the following FY?

A 2021-22 Correct Answer Incorrect Answer
B 2022-23 Correct Answer Incorrect Answer
C 2020-21 Correct Answer Incorrect Answer
D 2019-20 Correct Answer Incorrect Answer
E 2018-19 Correct Answer Incorrect Answer

Solution

Due to the rise in global uncertainty in the wake of the Russia-Ukraine conflict, FDI equity inflows in the manufacturing sector in the first half of the current fiscal (April-September) fell below their corresponding level in the first half of 2021-22.  The country has registered its highest-ever FDI inflows of $84.84 billion in 2021-22.  A decline in foreign investments could put pressure on the country’s balance of payments and may also impact the value of the rupee.

Practice Next
×
×