- India received USD 64 billion in Foreign Direct Investment (FDI) in 2020, and thus is placed at 5th position for the same.
- Also as per the report, there is an increase of 27% to USD 64 billion in 2020 from USD 51 billion in 2019. The increase is due to the acquisitions in the information and communication technology (ICT) industry.
- The global FDI has reduced by 35% in 2020 i.e. to USD 1 trillion from USD 1.5 trillion in 2019.
- The United States remained at 1st position for the largest recipient of FDI in 2020. The 2nd position was marked by China for being the largest recipient of FDI in 2020.
- Static Part:
- HQ of UNCTAD: Geneva, Switzerland
Question:
Q.1 As per World Investment Report 2021 which was released by UN Conference on Trade and Development (UNCTAD), India is ___ largest recipient of FDI in 2020?
a. 3rd
b. 4th
c. 5th
d. 6th
a. 3rd
b. 4th
c. 5th
d. 6th
