Approximately 6 Indian startups achieved unicorn status in 2024, bringing the total to over 70 unicorns, reflecting a robust entrepreneurial ecosystem.
Delhi announced comprehensive cashless public transport initiatives, integrating UPI, RFID, and digital wallet systems across buses, metro, and auto-rickshaws.
India received approximately $85 billion in Foreign Direct Investment in 2024, maintaining its position as a top investment destination in Asia.
Gujarat launched a blockchain-based digital currency pilot for micro-transactions, promoting financial inclusion in rural areas.
India announced plans for its own space station through the Bharatiya Antariksh Station initiative in 2024, moving towards establishing an indigenous orbital platform.
Bharti Kher's work was among the internationally recognized Indian contemporary art pieces showcased at Venice Biennale 2024.
# India's 2024 International Organization Elections
In 2024, India held elections for the leadership of the International Solar Alliance, a global initiative focused on promoting solar energy adoption among member nations.
Step 1: Understanding ISA's Role
The International Solar Alliance (ISA) is an intergovernmental organization founded in 2015 with India as a founding member, dedicated to promoting solar energy and addressing climate change through renewable energy cooperation among nations.
Step 2: 2024 Leadership Elections Context
In 2024, India conducted elections for ISA's leadership positions, reflecting India's pivotal role in the organization and its commitment to global solar energy initiatives and sustainable development goals.
Final Answer: (A) ISA (International Solar Alliance) — India held elections for the ISA's leadership in 2024, demonstrating the country's leadership in global solar energy initiatives and international environmental cooperation.
'All We Imagine as Light' directed by Payal Kapadia won critical acclaim at Cannes Film Festival 2024.
India's inflation rate in mid-2024 hovered around 5.5-6.5%, within the RBI's tolerance band, with the central bank maintaining its monetary policy stance.
# FDI Inflows to India in 2024
Foreign Direct Investment (FDI) represents capital inflows from foreign investors into a country's economy, serving as a key indicator of economic attractiveness and growth potential.
## Step 1: Understanding FDI Context for India
India has emerged as one of the world's fastest-growing economies and a preferred destination for global investors due to its large market, demographic dividend, manufacturing potential, and business-friendly policies under initiatives like "Make in India" and improved ease of doing business rankings.
## Step 2: 2024 FDI Projection Analysis
According to World Investment Report 2024 and various international financial agencies, India's FDI inflows in 2024 were projected at approximately 81.04 billion USD, reflecting consistent investor confidence despite global economic uncertainties. This figure represents growth from previous years and positions India among the top FDI recipient nations globally.
The correct answer is (D) 81.04 billion USD — representing a significant inflow that underscores India's robust economic fundamentals and investor sentiment.
