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    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?
    A $13.92 billion Correct Answer Incorrect Answer
    B $4.99 billion Correct Answer Incorrect Answer
    C $9.91 billion Correct Answer Incorrect Answer
    D $2.34 billion Correct Answer Incorrect Answer
    E $18.75 billion Correct Answer Incorrect Answer

    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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