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2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to UN Study, the Online share of retail sales jumps to how much percent amid lockdowns?
A
20%
B
21%
C
19%
D
22%
Explanation: 

Detailed explanation-1: -8. According to UN Study, the Online share of retail sales jumps to how much percent amid lockdowns? Explanation: According to the UN Study Online share of retail sales jumps to 19% amid lockdowns.

Detailed explanation-2: -14.8% of retail sales are online in the United States, as of 2022. That’s up 12% from a dip of 13.2% in 2021. However, this is still a decrease from the height of the pandemic in Q2 of 2020, when 15.7% of U.S. retail sales were online.

Detailed explanation-3: -Online share in India’s retailing jumps to 6.5% while organized players account 18.5% of India’s annual retail market. A robust growth of online businesses has propelled the share of India’s organized retail to 18.5% of the total $836 billion annual retail market in 2022, according to a latest report.

Detailed explanation-4: -* In 2022, the Indian ecommerce market is predicted to increase by 21.5%, reaching US$ 74.8 billion. * India’s e-commerce market is expected to reach US$ 350 billion by 2030.

Detailed explanation-5: -Basic Info. US E-Commerce Sales as Percent of Retail Sales is at 14.80%, compared to 14.50% last quarter and 14.60% last year. This is higher than the long term average of 5.88%.

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