CURRENT AFFAIRS

Detailed explanation-1: -According to the World Economic Outlook Report 2022 released by the International Monetary Fund (IMF) on 11 October 2022, India is expected to become the third largest economy in 2027-28 by overtaking Japan.

Detailed explanation-2: -The New York Stock Exchange is the largest stock exchange in the world, with an equity market capitalization of nearly 23 trillion U.S. dollars as of December 2022. The following three exchanges were the NASDAQ, the Shanghai Stock Exchange, and the Euronext. What is a stock exchange?

Detailed explanation-3: -Shanghai Stock Exchange (SSE) is the third largest stock exchange in the world and the biggest in Asia, located in Shanghai, China. It was established in the year 1866.

Detailed explanation-4: -The Tokyo Stock Exchange (TSE) is the largest stock exchange in Japan, headquartered in its capital city of Tokyo. The Tokyo Stock Exchange was established on May 15, 1878. As of Sept. 14, 2021, the exchange had 3,784 listed companies.

Detailed explanation-5: -The Shanghai Stock Exchange is the world’s 3rd largest stock market by market capitalization at US$7.62 trillion as of July 2021. It is also Asia’s biggest stock exchange.