WBCS.LIVE practice question
Which country stood second with respect to Foreign Direct Investment flow to India during 2013-14?
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: Mauritius
Explanation: ā Correct Answer: C. Mauritius š Explanation: During the 2013-14 period, Mauritius was the second largest source of Foreign Direct Investment (FDI) into India, following Singapore. A large portion of India's foreign capital historically flows through these nations. This is due to favorable tax treaties and economic ties between the countries. Mauritius has consistently been a top investor in the Indian economy for several decades.