FDI inflows into service sector grows by 46%
Q. By what percent FDI inflows into the services sector grew in 2014-15?- Published on 19 Jun 15a. 81%
b. 65%
c. 30%
d. 46%
ANSWER: 46%
With the government taking steps to improve ease of doing business and attracting investments, FDI inflows into the services sector grew by over 46 percent to 3.25 billion dollars in 2014-15. In step with the growth in FDI in important sectors like services, overall foreign inflows in the country too rose by 27 percent to 30.93 billion dollar during the previous fiscal. The amount was 24.29 billion dollar in 2013-14.
