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What was India's rank at the 2018 A.T. Kearney Foreign Direct Investment Confidence Index?
What was India's rank at the 2018 A.T. Kearney Foreign Direct Investment Confidence Index?
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Solution
The correct option is D 11th
India was ranked at 11th position in the Foreign Direct Investment (FDI) Confidence Index 2018 of global consultancy firm A T Kearney. It was the first time since 2015 that India had been pushed out of the top 10. Though, India remains among the top investment destinations due to its market size and rapid economic growth. The report said a possible factor for the fall could be the coming elections in India, as investors are likely to be monitoring political risks. The annual survey tracks the impact of political, economic and regulatory changes on the FDI preferences of Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs) of the country. The index is topped by United States, followed by Canada, Germany, United Kingdom and China.
India was ranked at 11th position in the Foreign Direct Investment (FDI) Confidence Index 2018 of global consultancy firm A T Kearney. It was the first time since 2015 that India had been pushed out of the top 10. Though, India remains among the top investment destinations due to its market size and rapid economic growth. The report said a possible factor for the fall could be the coming elections in India, as investors are likely to be monitoring political risks. The annual survey tracks the impact of political, economic and regulatory changes on the FDI preferences of Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs) of the country. The index is topped by United States, followed by Canada, Germany, United Kingdom and China.
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