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.
The Reserve Bank of India (RBI) has announced the final price for the first tranche of the sovereign gold bond (SGB) scheme at ________Â per unit.Â
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