Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 153)
153.
What is the reported amount of India's outward foreign direct investment (FDI) in February 2024?
$2.82 Billion
$3.47 Billion
$2.18 Billion
$1.71 Billion
Answer: Option
Explanation:
In February 2024, India's outward foreign direct investment (FDI) reached $3.47 billion, marking a notable rise from the previous year. This increase, reported by the Reserve Bank of India (RBI), indicates a growing trend of higher financial commitments by Indian entities in foreign markets, encompassing equity, debt, and guarantees.
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