BANK IBPS Clerk (Pre + Mains) Mock Test 2024 General Knowledge Economy External Sector and Currency Exchange rate
With reference to Foreign portfolio investment (FPI) , consider the following statements and choose the correct one?
1
It is less risky than Foreign Direct Investment (FDI).
2
It provide the investor with direct ownership of financial assets
3
Foreign portfolio investment is part of a country’s current account
4
The investor does actively manage the investments through FPIs and have control over the securities or the business.
5
Both 3 & 4