BPSC – Combined Competitive Examination · Question 121
As per the Economic Survey 2023, which of the following describe(s) the trend of Foreign Direct Investment in India? 1. It has decreased due to less participation of the private sector. 2. It has increased compared to pre-pandemic levels. 3. It has increased rapidly without decreasing in any year after telecom reforms. 4. It has decreased due to a weak global economic situation.
Show answer & explanation
Answer: (B) 2 and 4
Explanation
Economic Survey 2022-23 noted FDI inflows moderated with global slowdown but remained above pre-pandemic levels.
- (A) Incorrect
Wrong: neither matches the Survey.
- (B) Correct
Correct: FDI stayed above pre-pandemic levels but dipped amid global weakness.
- (C) Incorrect
Wrong: 1 and 3 are wrong.
- (D) Incorrect
Wrong: statement 2 is also correct.