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Consider the following statements regarding the Foreign Portfolio Investment (FPI) in India: 1. It has fluctuated drastically in the past decade. 2. In 2022-23, the net FPI in India was less than 1% of the GDP. 3. Foreign Exchange Management Act, 1999 is the primary legislation governing FPI in India. How many of the statements given above are correct?
Correct Answer: (c)
Official keyThis question appeared in the HPSC Prelims 2023 examination (GS-II). It is Question 8 out of 100 questions in this paper.
This question was part of the HPSC Prelims 2023 (GS-II). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.