Question
What was the net Foreign Direct Investment (FDI) in
India for the first quarter of the financial year 2023-24 (April-June), compared to the same period in the previous financial year?Solution
Net FDI in India sharply declined to $4.99 billion in April-June 2023-24 (FY24), down from $13.92 billion in April-June 2022-23 (FY23).
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