Civil Services UPSC EPFO (EO/AO) Mock Test 2023 General Knowledge Economy External Sector and Currency Exchange rate
It consists of securities and other financial assets passively held by foreign investors, does not provide the investor with direct ownership of financial assets and is relatively liquid. Which of the following fits the description?
1
Foreign Direct Investment (FDI)
2
Participatory Note (P-Note)
3
Foreign portfolio investment (FPI)
4
Certificate of Deposits (CDs)