CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state is most expensive for expatriates in India?
A
Mumbai
B
Patna
C
Chennai
D
Delhi
Explanation: 

Detailed explanation-1: -Mumbai (127) is the most expensive city in India in terms of both living expenses and accommodation costs, followed by New Delhi (155), Chennai (177), Bengaluru (178), and Hyderabad (192), finds Mercer’s 2022 Cost of Living survey.

Detailed explanation-2: -Mumbai is the most expensive city in India for expatriates, according to Mercer’s 2022 Cost of Living survey. Globally Mumbai ranks 127, down from 78 last year. However, it is the most costly city in India in terms of both living expenses and accommodation, as per the report.

Detailed explanation-3: -Mumbai. Often called the city of dreams in India and India’s financial capital, Mumbai is undoubtedly the costliest city in the country. Mercer’s 2022 Cost of Living City Ranking ranks Mumbai as the most expensive city in India.

Detailed explanation-4: -Hong Kong has been named the most expensive city in which to live and work overseas this year, according to a new report which highlights the impact of rising living costs and worsening macroeconomic trends on the expatriate market.

Detailed explanation-5: -Banjara Hills, Hyderabad: Banjara Hills in Hyderabad is counted amongst the costliest residential as well as commercial properties of India. The price of premium properties in Banjara Hills goes up to Rs. 75 crores, and rent can go up to Rs. 4.5 lakh per month.

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