Current Affairs - International - Discussion

Discussion :: International - Latest Current Affairs (Q.No.418)

418. 

Which country planned to invest $100 billion in India?

[A]. China
[B]. Saudi Arabia
[C]. New Zealand
[D]. Nepal

Answer: Option B

Explanation:

Saudi Arabia, the world's biggest oil exporter to invest USD 100 billion in India in areas of petrochemicals, infrastructure and mining. India is an attractive investment destination for Saudi Arabia and it is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining. Saudi Arabia is looking at making investments in India potentially worth USD 100 billion in the areas of energy, refining, petrochemicals, infrastructure, agriculture, minerals and mining.

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