Understanding the distribution of FDI inflows across different sectors of the Indian economy is important for assessing investment patterns and economic priorities.
The end of the Cold War marked a significant geopolitical shift, leading to the opening of economies in former communist states, reduced political barriers to trade and investment, and increased international cooperation. This significantly facilitated the expansion and deepening of globalization. This statement is correct. 3. Transnational corporations (TNCs) are major agents of globalization. Their operations involve significant cross-border flows of capital, including foreign direct investment, loans, portfolio investment, and repatriation of profits. Far from being discouraged, the increased flow of money across national borders facilitated by TNCs and financial markets is a defining feature of globalization. This statement is incorrect. Based on the analysis, statements 1 and 2 are correct, while statement 3 is incorrect. 276. During 2014-2015, in which one of the following industrial sectors, the FDI equity inflow was maximum ?
Asked in UPSC CAPF 2016 · Topic: Nature of Indian Economy (Openness of Economy and Integration with Global Markets)
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Answer: B. Services (Financial, Banking and Insurance, Non-Financial / Business, R & D etc.)
More Economic Development questions
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