CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is India’s rank in UNCTAD’s Business-to-Consumer E-commerce Index 2019?
A
53rd
B
63rd
C
83rd
D
73rd
Explanation: 

Detailed explanation-1: -In accordance with the ‘UNCTAD B2C E-COMMERCE INDEX 2020- Spotlight on Latin America and the Caribbean’, India ranked 71 out of 152 countries as compared to 75th position in 2019. The index measures an economy’s preparedness to support online shopping where B2C stands for Business to Consumer.

Detailed explanation-2: -The UNCTAD B2C E-commerce Index measures an economy’s preparedness to support online shopping. The index consists of four indicators that are highly related to online shopping and for which there is wide country coverage (Box 1).

Detailed explanation-3: -amazon.in ranked number 1 and is the most visited eCommerce & Shopping website in India in December 2022, followed by flipkart.com as the runner up, and indiamart.com ranking at 3rd place as the leaders of the eCommerce & Shopping websites in India.

Detailed explanation-4: -The index scores 152 nations on their readiness for online shopping, worth an estimated USD 3.9 trillion globally in 2017, up 22 per cent from the previous year. India is ranked 73rd in the 2019 index, slightly improving its position from 80 in 2018 and 83 in 2017.

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