Question
Consider the following statements regarding Net Foreign Direct Investment (FD
- I in Q1 FY 2024-25: 1. Net FDI during April-June 2024 was $6.9 billion, up from $4.7 billion in the same period last year. 2. The major source countries contributing to the FDI flows included Singapore, Mauritius, the Netherlands, the US, and Belgium, which together accounted for 75% of the flows. 3. Net FDI flow for FY24 dropped to $9.8 billion from $38.6 billion in FY22, indicating a consistent rise in FDI over the past two years. Which of the above statements is/are correct?
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