CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the Credit Suisse Report, how many percent adult population in India at the base of the wealth pyramid with wealth below $10, 000
A
87
B
55
C
64
D
96
Explanation: 

Detailed explanation-1: -Credit Suisse Global Wealth Report 2022: Global wealth up 9.8% YoY at $463.6 trillion in 2021. Global wealth totalled $463.6tn at the end of 2021, a rise of $41.4tn (9.8%), the report said.

Detailed explanation-2: -People with the top 1% of net worth (opens in new tab) in the U.S. in 2022 had $10, 815, 000 in net worth. The top 2% had a net worth of $2, 472, 000. The top 5% had $1, 030, 000. The top 10% had $854, 900.

Detailed explanation-3: -DAVOS: The richest one per cent in India now own more than 40 per cent of the country’s total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.

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