CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Mercer’s 24th annual “Cost of Living” Survey, India’s most expensive city is
A
Kolkata
B
New Delhi
C
Mumbai
D
Chennai
Explanation: 

Detailed explanation-1: -Mumbai is the most expensive city in India for expatriates living and working overseas: Mercer’s 2022 Cost of Living Survey. Mumbai, June 29, 2022: According to Mercer’s 2022 Cost of Living survey, Mumbai (127) is the most costly city in India in terms of both living expenses and accommodation costs.

Detailed explanation-2: -According to Mercer’s 2022 Cost of Living survey, Mumbai is the most expensive city to live in India.

Detailed explanation-3: -Hong Kong tops Mercer’s 2022 Cost of Living City Ranking, based on our latest research, followed by Zurich and Geneva, while Ankara closes the ranking at the 227th spot.

Detailed explanation-4: -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. Pune (201) and Kolkata (203) are the least expensive Indian cities in the ranking.

Detailed explanation-5: -This year New York and Singapore climbed up to the number 1 position of the world’s most expensive cities to live in. According to a new index, the Russian war in Ukraine and the pandemic’s aftereffects have caused the cost of living to go up by 8.1 per cent in 2022.

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