2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which country is 3rd Highest Number of Family-Owned Businesses?
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India
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China
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USA
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Pakistan
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Explanation:
Detailed explanation-1: -The report also states that India has 108 publicly-listed, family-owned businesses, making it the third-highest in the world behind China at 167 and the United States at 121 (as of 2015).
Detailed explanation-2: -Only a third of family businesses in this study made it through the second generation, and only 13% made it through the third.
Detailed explanation-3: -Family businesses in India represent 70 percent of publicly traded companies and 85 percent of private firms.
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