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    Question

    During April June 2024, net Foreign Direct Investment

    (FDI) in India rose significantly. Which sectors accounted for 80% of the gross FDI inflows, and how did the net FDI flow for FY24 compare to the previous year?
    A Manufacturing and IT sectors; Net FDI flow doubled from the previous year Correct Answer Incorrect Answer
    B Financial services and real estate; Net FDI flow increased slightly Correct Answer Incorrect Answer
    C Communication services and energy sectors; Net FDI flow remained constant Correct Answer Incorrect Answer
    D Manufacturing, financial services, communication services, computer services, and energy sectors; Net FDI flow dropped sharply Correct Answer Incorrect Answer
    E Healthcare and education; Net FDI flow increased marginally Correct Answer Incorrect Answer

    Solution

    These sectors accounted for 80% of the gross FDI inflows, but the net FDI flow for FY24 dropped sharply to $9.8 billion from $28 billion in the previous year.

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