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      Question

      FDI inflows stood at USD 16.58 billion during April-June

      2022-23.Total FDI, which includes equity inflows, reinvested earnings and other capital, contracted 21.4 per cent to _______ during the said period .
      A USD 13.77 billion Correct Answer Incorrect Answer
      B USD 14.69 billion Correct Answer Incorrect Answer
      C USD 15.81 billion Correct Answer Incorrect Answer
      D USD 17.56 billion Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      According to the data provided by the government, foreign direct investment (FDI) into India declined 34 percent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma.  FDI inflows stood at USD 16.58 billion during April-June 2022-23.   Total FDI, which includes equity inflows, reinvested earnings and other capital, contracted 21.4 per cent to USD 17.56 billion during the period under review as against USD 22.34 billion in April-June 2022.

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