Question

Which sector is estimated highest with respect to FDI during 2014-2015 in India?
1. Manufacturing
2. Financial Services
3. Retail and Wholesale trade
4. None of the above

Answer 1

Correct Answer - Option 4 : None of the above

The correct answer is None of the above.

• Services sectors have attracted the highest Foreign Direct Investment flows into India during 2014-2015.
• For economic growth, Foreign Direct Investment (FDI) has been a major non-debt financial resource for the economic development of India.
• The services sector in India received the highest share in FDIs amounting to over 554 billion Indian rupees in the fiscal year 2020.
• This sector included finance, banking, insurance, and other non-financial sectors like research and development, testing, analysis, and outsourcing.
• The computer hardware and software sector came second amounting to almost 542 billion Indian rupees that year.
• Distribution of foreign direct investment equity inflows in India for the financial year 2020:-

 

Sector	Investment (in Billion INR)
Services sector	554.29
Computer hardware and software sector	542.5
Trading	324.06
Telecommunication	309.4
Hotel & Tourism	210.6