CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the Financial Times shows latest analysis, which country has overtaken the b to become the world’s biggest by assets.
A
Russia
B
USA
C
Canada
D
China
Explanation: 

Detailed explanation-1: -In 2021, China had the largest banking sector with financial assets worth more than 46 trillion U.S. dollars. The United Kingdom was the first European country in the ranking with financial assets amounting to approximately 16.7 trillion U.S. dollars.

Detailed explanation-2: -The Financial Times was founded in 1888 by James Sheridan and his brother, and it competed for many years with four other finance-oriented papers, finally in 1945 absorbing the last of these, the Financial News (founded in 1884). The company Pearson purchased a controlling stake in the Financial Times in 1957.

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