CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the Economist Intelligence Unit’s (EIU) Worldwide Cost of Living Survey, Which city has been named world’s most expensive city?
A
Geneva
B
Paris
C
Osaka
D
Singapore
Explanation: 

Detailed explanation-1: -Cities with currencies that are stronger against the US dollar are likely to show higher in the rankings because the EIU list is compared to New York City costs. And this year, New York and Singapore climbed up to the number 1 position.

Detailed explanation-2: -The Economist Intelligence Unit (EIU) has rated Singapore and New York as the most expensive cities to live in among the 172 featured in the Worldwide Cost of Living (WCOL) survey published earlier this month.

Detailed explanation-3: -New York and Singapore have been named the most expensive cities in the world in 2022 by the Economist Intelligence Unit. Prices in global cities are over 8% higher than in 2021, the sharpest rise for 20 years. But the global average masks eye-watering inflation in the hardest-hit places.

Detailed explanation-4: -Most expensive cities in 2022: NYC & Singapore | Economist Intelligence Unit.

There is 1 question to complete.