Question
Consider the following statements with respect to India’s outward FDI. I.According to the data provided by the Reserve Bank of India, India’s outward foreign direct investment (FD
- I fell by 33.3 percent sequentially to $1.02 billion in August. II.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). III.Under the components of outbound FDI, equity commitments marginally increased to $454.6 million in August 2023. Which of the following statements is/are not correct?
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