Question
Which of the following statements is/are CORRECT with respect to the Net FDI flows into India in October 2023? I.According to Reserve Bank of India data, the net foreign direct investment (FD
- I into the country at $5.9 billion rose to a 21-month high in October 2023, primarily due to strong gross inflows and lower repatriation. II.The major source countries were USA , Singapore, Cyprus and Japan, contributing more than four-fifths of the total FDI inflows in October 2023. III.Around four-fifths of the gross inward FDI equity flows were received in manufacturing, retail and wholesale trade, electricity and other energy sector, and financial services sector.
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