CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Mercer 26th Annual Cost of Living Survey 2020 what is Mumbai rank in most expensive city globally?
A
50
B
60
C
70
D
80
Explanation: 

Detailed explanation-1: -According to Mercer’s 2022 Cost of Living survey, Mumbai ranking at number 127 is the costliest city in India for expatriates in terms of both living expenses and accommodation costs followed by New Delhi (155), Chennai (177), Bengaluru (178) and Hyderabad (192).

Detailed explanation-2: -Mumbai ranked at 127 on the global list of the most expensive cities in the world, and at 1 in India, making it the most expensive Indian city to live in.

Detailed explanation-3: -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.

Detailed explanation-4: -As a result, cities in the United States have climbed in this year’s ranking of most costly cities. New York (6) is the highest-ranked city in the country followed by San Francisco (16) Los Angeles (17) Honolulu (28) and Chicago (30).

Detailed explanation-5: -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.

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