As per the Economic Survey 2020–21, net FPI (Foreign Portfolio Investment) recorded an all-time monthly high of US$9.8 billion in ______.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. November 2020.
A) As per the Economic Survey 2020–21, net FPI (Foreign Portfolio Investment) recorded an all-time monthly high of US$9.8 billion in November 2020.
B) Foreign portfolio investment (FPI) is a common way to invest in overseas economies. It includes securities and financial assets held by investors in another country.