Correct Answer : Option (D) - 26%
Foreign Direct Investment (FDI) flows to India dropped 26% in 2021 as compared with the previous year as large mergers and acquisitions deals recorded in 2020 were not repeated, the United Nations Conference on Trade and Development (UNCTAD) data showed.
"FDI flows to India were 26% lower, mainly because large M & A deals recorded in 2020 were not repeated," according to UNCTAD's Investment Trends Monitor published on 19 January, 2022.
Global
foreign direct investment (FDI) flows showed a strong rebound in 2021, up
77% to an estimated
$1.65 trillion, from
$929 billion in 2020, surpassing their
pre-COVID-19 level.
Source : Business Standard
Published On : January 22, 2022
Category : Indian Economy