Multiple choice

India was recently ranked third for attracting foreign equity fund inflows among global emerging markets - across Asia, Middle East, Latin America, Europe and Africa - during 2004. Which among the following countries was at number one position?

  1. Malaysia

  2. Taiwan

  3. Mexico

  4. Chile

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

In 2004, Taiwan attracted the highest amount of foreign equity fund inflows among global emerging markets, followed by South Korea and India. India's third-place ranking was a significant milestone, reflecting growing global investor confidence in the Indian economy. Taiwan's strong technology sector was a major draw for foreign institutional investors (FIIs) during that period.