India: Third largest source of FDI for United Kingdom - General Economics & Indian Economy
Q. Consider the following statements
1. India has emerged as the third largest source of FDI for United Kingdom.
2. UK is ranked as Europe’s second FDI destination for 2014-15 after Germany.
Which of the above statements is/are correct?- Published on 10 Jun 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 1
India has emerged as the third largest source of Foreign Direct Investment (FDI) for United Kingdom (UK) after United States (US) and France in terms of number of projects. The key sectors where Indian companies invested include healthcare, agri-tech, food and drink.
