Political Science · Political Processes in India
UGC NET June 2019 Political Science
Who is the largest G-20 invested country in India?
AJapan
BUSA
CUK ✓ Correct
DBrazil
Correct answer: (C) UK — Among the G-20 nations, the United Kingdom has been the single largest source of foreign direct investment into India.
Explanation
★Among the G-20 nations, the United Kingdom has been the single largest source of foreign direct investment into India.
★Reports such as the CBI's Sterling Assets India put UK investment between 2000 and 2015 at about twenty-two billion dollars, close to nine per cent of all FDI into India.
★This placed the UK ahead of Japan and the United States among G-20 investors over that period.
★Overall, India's two biggest FDI sources are Mauritius and Singapore, but neither is a G-20 member, which is why the UK leads within the G-20.
★The UK is also one of the largest job creators through FDI in India, while India in turn is a major investor in the UK.
★Worth carrying into the exam: within the G-20 the UK tops India's FDI, even though Mauritius and Singapore lead the overall list.
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