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What is the reported amount of India's outward foreign direct investment (FDI) in February 2024?
A)
$5.67 Billion
B)
$3.47 billion
C)
$2.82 Billion
D)
$2.18 Billion

Correct Answer :   $3.47 billion


In February 2024, India's outward foreign direct investment (FDI) reached $3.47 billion, marking a notable rise from the previous year.

This increase, reported by the Reserve Bank of India (RBI), indicates a growing trend of higher financial commitments by Indian entities in foreign markets, encompassing equity, debt, and guarantees.

Published On : March 20, 2024
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