Reports from the Reserve Bank of India (RBI) and the Ministry of Finance during this period indicated significant outflows of investment from India to Singapore, often placing it at or near the top of the list of destination countries for ODI.
As per the data up to November, 2020, released by the Union Finance Ministry, which one of the following countries ranks 1 in terms of ODI (Outward Direct Investment) for the year 2020 - 21 ?
Asked in UPSC NDA 1 2021 · Topic: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) (Trends and Patterns of FDI and FPI Inflows/Outflows in India)
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Answer: B. Singapore
Read the notes: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) →
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