Economics > introductory-macroeconomics > Balance Of Payments
(a) "The Indian economy has witnessed a sharp turnaround during 2023-24 with Foreign Direct Investments (FDI) inflows of US $ 70.9 Bn and net Foreign Portfolio Investments (FPI) inflows of US $ 32.4 Bn."
(i) Distinguish between the above mentioned economic variables.
(ii) In which account of Balance of Payments will the given variables be entered and why?
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