Which of the following statements are CORRECT in regard to FDI in India in FY 2020? A. Share of…
The recalled FY2019–20 sectoral FDI-equity ranking puts Services first and Computer software/hardware second. Thus A and C only; Infrastructure activities highest and…
Choose your answer
Which of the following statements are CORRECT in regard to FDI in India in FY 2020?
A. Share of services sector is highest
B. Share of infrastructure activities is highest
C. Share of computer hardware and software is in the second position
D. Share of telecommunications is highest
A. Share of services sector is highest
B. Share of infrastructure activities is highest
C. Share of computer hardware and software is in the second position
D. Share of telecommunications is highest
Answer and explanation
Correct answer A
The recalled FY2019–20 sectoral FDI-equity ranking puts Services first and Computer software/hardware second. Thus A and C only; Infrastructure activities highest and Telecommunications highest are not the leaders in that period. B and C only, B only, and C and D only each rely on a different, incorrect leading sector.
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UGC NET Economics