CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is India’s Rank according to the 11th edition of the ‘Global Real Estate Transparency Index 2020’ released by US based property consultant Jones Lang LaSalle’s?
A
25
B
54
C
34
D
44
Explanation: 

Detailed explanation-1: -"The country ranks 34th globally on the index, with higher levels of transparency observed in India due to regulatory reforms, enhanced market data and sustainability initiatives, ” JLL India said in a statement.

Detailed explanation-2: -The JLL Global Real Estate Transparency Index is based on a combination of quantitative market data and information gathered through a survey of the global business network of JLL and LaSalle across 94 countries and 156 city markets.

Detailed explanation-3: -In the 11th edition of the Global Real Estate Transparency Index 2020, India is ranked 34th.

Detailed explanation-4: -UK and US continue to hold the top two positions in terms of real estate market transparency worldwide. JLL’s 2022 Global Real Estate Transparency Index shows that transparency is continuing to improve across most countries and territories.

Detailed explanation-5: -India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD). India has improved in the ranking for the Index of Cancer Preparedness 2020 as compared to 2019.

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