Current Context: United Nation Conference on Trade and Development (UNCTAD), the UN’s trade body has released ‘World Investment Report 2020’.
- As per the report, India has become the 9th largest recipient of Foreign Direct investment for 2019.
- In 2019, India has received $51 billion as FDI.
- As compared to 2018, there’s been an increase of 20% in FDI.
- As per the report, among South Asian countries, India has topped the list of the largest recipient of Foreign Direct investment for 2019.
- The overall report is topped by the United States with $246 billion of FDI in 2019 followed by China with $141 billion of FDI in 2019.
- Static Part:
- HQ of UNCTAD: Geneva, Switzerland
- Secretary-General of UNCTAD: Dr Mukhisa Kituyi
Question:
Q.1 India ranked at which position, in terms of FDI in 2019 as per ‘World Investment Report 2020’ by UNCTAD?
a. 12th
b. 9th
c. 14th
d. 16th
a. 12th
b. 9th
c. 14th
d. 16th
