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