Question

    Which country was the top source of Foreign Direct

    Investment (FDI) to India in the fiscal year 2023-24?
    A UAE Correct Answer Incorrect Answer
    B United States Correct Answer Incorrect Answer
    C Singapore Correct Answer Incorrect Answer
    D Mauritius Correct Answer Incorrect Answer

    Solution

    Singapore was the largest source of FDI to India in the fiscal year 2023-24, contributing USD 11.77 billion despite a general decline in global economic conditions. This investment underscores Singapore's significant role in India's economic landscape.

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