23 June 2021 Current Affairs
Which country has topped the list by Swiss National Bank, which evaluates the amount of funds held by individuals and firms in Swiss banks in 2020?
The panel, chaired by N K Sodhi, the former chief justice of the high courts of Karnataka and Kerala, makes its recommendations to Sebi on such applications after which the regulator allows concerned parties before passing an order.
As per the World Investment Report 2021 by the UN Conference on Trade and Development, India was the fifth-largest recipient of FDI inflows in the world in 2020.
India has been ranked at 51st position in terms of money parked by its citizens and enterprises with a Swiss bank in 2020, as per the data released by Swiss National Bank.