The foreign‑direct investment (FDI) inflow into India during FY 2021‑22 was ₹9,00,000 crore. After a set of liberalisation measures, the inflow increased by 25 %. Calculate the total FDI inflow after the increase.
Answer
₹11,25,000 crore
The correct answer is ₹11,25,000 crore — Add the increase to the initial amount: 9,00,000 + 2,25,000 = ₹11,25,000 crore.
Step-by-step solution
- Note the initial FDI inflow: ₹9,00,000 crore.
- Calculate 25 % of the initial amount: 0.25 × 9,00,000 = ₹2,25,000 crore.
- Add the increase to the initial amount: 9,00,000 + 2,25,000 = ₹11,25,000 crore.
Common mistake: Adding 25 % of the original amount twice or forgetting to add the increase to the original figure.
Concept tested: Effect of liberalisation on FDI
Published · How this solution was prepared and checked
Related questions
- 1 During the year 2022‑23, India's export of goods earned ₹21 lakh crore and import of goods cost ₹25 lakh crore. After liberalisation measures in 2024‑25, exports rose by 12 % and imports rose by 8 %. Calculate the change in the current‑account balance (in ₹ lakh crore) due to these changes.
- 2 India signed the WTO agreement in 1995. Suppose the average tariff on an imported electronic gadget was 30 % before WTO compliance, and after compliance it was reduced to 12 %. If the world price of the gadget is ₹20,000, calculate the amount saved per gadget for an Indian consumer after WTO compliance. Choose the correct answer.
- 3 Explain two impacts of globalisation on Indian agriculture, mentioning one positive effect and one negative effect.
- 4 Which of the following is NOT considered a direct benefit of globalisation for Indian consumers?
- 5 What is the best definition of “globalisation” as used in economics?
- 6 In 2015, India's Gross Domestic Product (GDP) at current prices was ₹ 151 trillion and the population was 1.31 billion. By 2020, GDP rose to ₹ 210 trillion and population to 1.38 billion. Assuming inflation of 5 % per year, calculate the average annual growth rate of real per‑capita GDP over this period. Express your answer in percent, rounded to two decimal places.