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Question

What are the two countries that have emerged as Foreign Portfolio Investment (FPI) destinations in FY23?
  • Singapore and China
  • Norway and India
  • China and India
  • Norway and Singapore
Answer- D
According to data from the National Securities Depository, in the financial year 2022-23, there was a significant decrease in overseas capital flowing into Indian capital markets from Mauritius, while Norway and Singapore emerged as popular investment destinations.