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According to a report released by UNCTAD, what is the position of India in terms of recipients of foreign direct investment (FDI) in 2021?

A.
6th
B.
7th
C.
11th
D.
9th

Solution:

The correct answer is 7th. India jumped one position to 7th among the top recipients of foreign direct investment (FDI) in 2021 according to a report released by the United Nations Conference on Trade and Development (UNCTAD). The US ($367 billion) remained the top recipient of FDI, while China ($181 billion) and Hong Kong ($141 billion) retained 2nd and 3rd positions respectively. India ($45 billion) is on the 7th. Additional Information?The United Nations Conference on Trade and Development was established in 1964. It is an intergovernmental organization intended to promote the interests of developing states in world trade. UNCTAD is part of the United Nations Secretariat dealing with trade, investment, and development issues. UNCTADHeadquarters location: Geneva, SwitzerlandFounded: 30 December 1964Secretary-General: Rebeca Grynspan

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