2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India
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China
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Russia
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US
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Detailed explanation-1: -What is India’s rank in the Global Retail Development Index(GRDI)? Notes: India ranked No. 2 in the Global Retail Development Index (GRDI) in 2019.
Detailed explanation-2: -The GRDI ranks 35 developing countries on a scale of zero to 100-the higher the ranking, the more urgency to enter a country. Since the GRDI’s inception in 2002, the countries ranked on the Index have tracked closely as the top destinations for retailers in subsequent years.
Detailed explanation-3: -According to the global consulting firm Deloitte’s report titled “Global Powers of Retailing 2022: Resilience Despite Challenges”, The Indian brand, Reliance Retail, ranked 56th on the Top 250 list based on the retail revenue growth for FY2020.
Detailed explanation-4: -The correct answer is First. The Global Retail Development Index (GRDI) has ranked 1st to India in 2017.