According to Reserve Bank of India (RBI) data, Mauritius was the top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore.
a. Australia
b. China
c. Japan
d. Mauritius
- The total FDI in FY 18 stood at $37.36 billion in financial year which was a marginal rise over $36.31 billion recorded in the previous fiscal 2016-17.
More Details:
- FDI from Mauritius was $13.41 billion in 2017-18 as against $13.38 billion in previous year.
- FDI inflows from Singapore rose to $9.27 billion from $6.52 billion.
- FDI from Netherlands has declined marginally to $2.67 billion as against $3.23 billion.
- FDI into manufacturing sector had witnessed substantial decline to $7.06 billion, as against $11.97 billion a year earlier.
- FDI into communication services rose to $8.8 billion in 2017-18 from $5.8 billion.
- The inflows into retail and wholesale trade increased to $4.47 billion as against $2.77 billion.
- FDI in financial services too saw a rise to $4.07 billion from $3.73 billion in the previous year.
- These sectors accounted for more than 50% of total FDI of $37.36 billion in 2017-18 reflects global interest in new areas, including online marketplaces and financial technologies.
Question:
Q. According to Reserve Bank of India (RBI) data, who was the top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore?a. Australia
b. China
c. Japan
d. Mauritius
