CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Indian city become the only city in the country to be included in the world’s top-30 startup ecosystem ranking in Global Startup Ecosystem Report 2020 by Startup Genome?
A
Mumbai
B
Surat
C
Bangalore
D
Delhi
Explanation: 

Detailed explanation-1: -Seoul entered the global top 10 ecosystems for the first time, up six places from #16 in 2021 and #20 in 2020. Several Indian ecosystems have risen in the rankings, most notably Delhi, which is 11 places higher than in 2021, entering the top 30 for the first time at #26.

Detailed explanation-2: -The top five global startup ecosystems remain the same, although with some movement within them. Silicon Valley maintains its #1 position. New York remains at #2, although now London is up and tied with it. Beijing is at #4 and Boston is at #5.

Detailed explanation-3: -Bengaluru houses 364 education startups, 128 transportation startups, and 126 ecommerce & retail startups as per the StartupBlink- Global Startup Ecosystem Index 2022. In India, Bengaluru holds the top rank, followed by Delhi, Mumbai, Pune, Hyderabad, Chennai, Jaipur, and Ahmedabad.

Detailed explanation-4: -India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns: Dr Jitendra Singh. India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns. As per the latest data, there are currently 105 unicorns, out of which 44 were born in 2021 and 19 in 2022.

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