CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one is India’s rank in Global Unicorn List 2019?
A
5
B
6
C
4
D
3
Explanation: 

Detailed explanation-1: -Hurun Global Unicorn List 2019. KEY HIGHLIGHTS Hurun Research finds 494 Unicorns in world. China leads USA by 206 to 203, making up 83% of world’s unicorns. India and UK follow with 21 and 13.

Detailed explanation-2: -INDIA RETAINS 3RD PLACE WITH 68 UNICORNS, UP 14, PULLING AWAY FROM UK IN FOURTH. UK 4TH WITH 46 UNICORNS, UP 7. GERMANY MAKES UP TOP 5 WITH 36 UNICORNS, UP 10. ELON MUSK’S CALIFORNIA-BASED SPACEX sHOT UP 25% TO VALUATION OF US$125BN, OVERTAKING HANGZHOU-BASED FINTECH PLATFORM ANT AT US$120BN, DOWN 20%.

Detailed explanation-3: -Blockchain platform 5ire has raised $100 million at a valuation of $1.5 billion in a Series A round from UK-based conglomerate SRAM & MRAM Group, making it India’s 105th unicorn and 20th this year.

Detailed explanation-4: -United States leads the Country Leaderboard with 865 Unicorns, that constitutes 53% of the total. China follows United States with 224 Unicorns, followed by India (108).

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