Question

    According to RBI data, how much did the equity foreign

    direct investment (FDI) into India decline from the previous year in April-July 2023?
    A $8.14 billion Correct Answer Incorrect Answer
    B $5.5 billion Correct Answer Incorrect Answer
    C $15.04 billion Correct Answer Incorrect Answer
    D $9.1 billion Correct Answer Incorrect Answer
    E $10.5 billion Correct Answer Incorrect Answer

    Solution

    According to the data provided by the Reserve Bank of India, the equity foreign direct investment (FDI) into India declined sharply to $13.9 billion in April-July 2023 from $22.04 billion a year ago.

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