According to fDi Intelligence, India was the top country by capital investment in 2015, announcing FDI projects worth approximately how much?

Difficulty: Easy

Correct Answer: $63 billion

Explanation:


Introduction / Context:
Foreign Direct Investment (FDI) is a key indicator of how attractive a country is to global investors. In 2015, reports from fDi Intelligence, a division of the Financial Times group, highlighted that India had become the top destination by capital investment. Many exam questions ask for the approximate value of FDI projects announced during that year, so this question targets that specific figure.


Given Data / Assumptions:

    - The year is 2015.- The source mentioned is fDi Intelligence.- The question asks for the approximate worth of FDI projects announced in India in that year.- Options: 63 billion dollars, 63 million dollars, 66 billion dollars, and 44 billion dollars.


Concept / Approach:
The important concept is the scale of FDI flows, which are typically counted in billions of dollars for large economies such as India. fDi Intelligence reported that India attracted around 63 billion dollars of capital investment in 2015, making it the highest ranked country by capital investment. Therefore, we can immediately rule out the million level figure and then choose the correct billion level value based on standard GK references.


Step-by-Step Solution:
1. Recognize that a major economy like India attracts FDI flows measured in billions, not just millions, especially when it becomes the top destination.2. This allows us to discard the option that mentions 63 million dollars as unrealistically small in this context.3. Between the remaining figures, recall that multiple GK sources explicitly state “63 billion dollars” as the amount linked with India in 2015 in the fDi Intelligence report.4. The figure of 66 billion dollars or 44 billion dollars does not match this widely cited number.5. Therefore, select 63 billion dollars as the correct approximate value.


Verification / Alternative check:
Economic news stories from that period often mention the phrase “63 billion dollars of FDI projects announced” when discussing India overtaking China as the top FDI destination by capital investment in 2015. Exam oriented magazines repeat this figure in their economy and business sections. Cross checking this memory with the options shows that 63 billion dollars is the only one that aligns with those reports.


Why Other Options Are Wrong:
- $63 million: Far too small for total annual FDI capital investment in a large country; this would not make India the top destination.- $66 billion: Close in magnitude but not the figure repeated in the fDi Intelligence based reports commonly used for GK questions.- $44 billion: This may be a realistic FDI figure for some years but does not match the specific 2015 capital investment number highlighted by fDi Intelligence.


Common Pitfalls:
Some candidates get confused by similar sounding numbers or misread million and billion, leading to large errors. Others may remember headlines about India crossing certain FDI thresholds in different years and mix up those figures with the 2015 report. A useful strategy is to pay close attention to units (million versus billion) and attach each number to a specific headline or year, such as “63 billion for India in 2015” in this case.


Final Answer:
The correct option is $63 billion, the approximate value of FDI projects announced in India in 2015 according to fDi Intelligence, which made India the top country by capital investment that year.

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