Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.1103)

1103. 

How much FDI has been received by Ministry of Defence during the period April 2000 and December 2019?

[A]. $8.82 million
[B]. $50.82 million
[C]. $10.82 million
[D]. $3.82 million

Answer: Option A

Explanation:

Ministry of Defence (MoD) has received foreign direct investment (FDI) of $8.82 million (around Rs.51.93 crore) during the period April 2000 and December 2019. The Ministry announced it on 1 April. As per the data provided by the Ministry of Commerce and Industry, FDI in the defence sector was aggregated at $2.18 million in 2018-19.

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