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India was the highest ranked country by ...

India was the highest ranked country by capital investment in 2015, with how much worth of FDI projects announced according to FDI Intelligence?

A

1. $63 billion

B

2. $63 million

C

3. $66 billion

D

4. $44 billion

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The correct Answer is:
A
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Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Super markets do not exist in small towns in India at present.

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