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Statement 1 is correct: According to RBI data, Net FDI during April-June 2024 was indeed $6.9 billion, up from $4.7 billion in the same period last year. • Statement 2 is correct: Singapore, Mauritius, the Netherlands, the US, and Belgium were the major source countries, contributing to 75% of the FDI flows. • Statement 3 is incorrect: While it is true that net FDI flow for FY24 dropped to $9.8 billion, this represents a decline, not a consistent rise, in FDI over the past two years (from $38.6 billion in FY22).
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