Multiple choice

Directions: Choose the correct option for the given question.

After electrical equipment sector which attracted the highest FDI inflow in the country, the second highest FDI grabbing sector in the economy is

  1. Telecom Sector

  2. Service Sector

  3. Manufacturing Sector

  4. Hotel Sector

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The service sector has historically been the second-largest recipient of FDI inflows in India after the electrical equipment sector. Services include IT, telecommunications, banking, insurance, and other knowledge-based industries that attract substantial foreign investment due to India's skilled workforce and cost advantages.