Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.1042)

1042. 

In accordance with the data released by the Department for Promotion of Industry and Internal Trade, the total FDI increased by how much percent to FY 2019-20?

[A]. 18%
[B]. 10%
[C]. 14%
[D]. 28%

Answer: Option A

Explanation:

In accordance with the data released by the Department for Promotion of Industry and Internal Trade, the total FDI increased by 18% to $73.46 billion in the FY2019-20. This hike was the highest in the four years. Out of the total FDI, equity inflows through the Foreign Investment Promotion Board, Reserve Bank of India's automatic route of acquisition rose 13% to around $49.98 billion.

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