State PCS PYQPrelims 2024

UPPCS · प्रश्न 54

Given below are two statements, one labelled as Assertion (A) and the other as Reason (R). Assertion (A): During 2023-24, Singapore emerged as the largest source of FDI to India. Reason (R): The India-Mauritius Tax Treaty amendment has brought a major shift in countries as major sources of FDI to India. Select the correct answer using the code given below.

  1. Both (A) and (R) are true, but (R) is not the correct explanation of (A)
  2. (A) is false, but (R) is true
  3. Both (A) and (R) are true and (R) is the correct explanation of (A)
  4. (A) is true, but (R) is false
उत्तर देखें और व्याख्या

उत्तर: (C) Both (A) and (R) are true and (R) is the correct explanation of (A)

व्याख्या

Singapore was the top FDI source in 2023-24. The 2016 amendment to the India-Mauritius DTAA removed capital-gains benefits and shifted routing to Singapore. (Verify with the official key.)