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According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report, FDI inflows have declined by USD 19 billion to USD ________ billion in 2021.

A.
30
B.
35
C.
40
D.
45

Solution:

The correct answer is 45. India remains among the top 10 economies of the world that receives Foreign Direct Investment. FDI inflows have declined by USD 19 billion to USD 45 billion in 2021. According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report, flows of foreign direct investment recovered to pre-pandemic levels in 2021, hitting nearly USD 1. 6 trillion. Important PointsIndia ranks 7th after the US, China, Hong Kong, Singapore, Canada, and Brazil. South Africa, Russia and Mexico rounded up the top 10 economies for FDI inflows in 2021. Large projects include the construction of a steel and cement plant in India for USD 13. 5 billion by ArcelorMittal Nippon Steel (Japan) and the construction of a new car manufacturing facility by Suzuki Motor (Japan) for USD 2. 4 billion. Outward FDI from South Asia, mainly from India, rose by 43 per cent to USD 16 billion.

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