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Consider the following statements.
1. United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that aims to maximize the trade, investment, and development opportunities of developing countries and assist them in integrating into the world economy on an equitable basis.
2. An ‘investment trends monitor’ issued by UNCTAD provides the details of the global Foreign Direct Investment (FDI) growth.
3. Only India and China recorded positive FDI growth in 2020.
Which of the above statements is/are correct?
  • a)
    1, 2
  • b)
    1, 3
  • c)
    2, 3
  • d)
    1, 2, 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements.1. United Nations Conference on Trad...
  • The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body.
  • UNCTAD is the part of the United Nations Secretariat dealing with trade, investment, and development issues. The organization’s goals are to: “maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis”.
  • Marking a major achievement globally, India recorded a 13% growth in Foreign Direct Investment (FDI) in 2020 when fund flows declined most strongly in major economies such as the UK, the US, and Russia. Amidst global collapse, China is the only other country that has shown remarkably high FDI growth.
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Consider the following statements.1. United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that aims to maximize the trade, investment, and development opportunities of developing countries and assist them in integrating into the world economy on an equitable basis.2. An ‘investment trends monitor’ issued by UNCTAD provides the details of the global Foreign Direct Investment (FDI) growth.3. Only India and China recorded positive FDI growth in 2020.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements.1. United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that aims to maximize the trade, investment, and development opportunities of developing countries and assist them in integrating into the world economy on an equitable basis.2. An ‘investment trends monitor’ issued by UNCTAD provides the details of the global Foreign Direct Investment (FDI) growth.3. Only India and China recorded positive FDI growth in 2020.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements.1. United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that aims to maximize the trade, investment, and development opportunities of developing countries and assist them in integrating into the world economy on an equitable basis.2. An ‘investment trends monitor’ issued by UNCTAD provides the details of the global Foreign Direct Investment (FDI) growth.3. Only India and China recorded positive FDI growth in 2020.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that aims to maximize the trade, investment, and development opportunities of developing countries and assist them in integrating into the world economy on an equitable basis.2. An ‘investment trends monitor’ issued by UNCTAD provides the details of the global Foreign Direct Investment (FDI) growth.3. Only India and China recorded positive FDI growth in 2020.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?.
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