2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
27th
|
|
|
31st
|
|
|
32nd
|
|
|
29th
|
Detailed explanation-1: -In a statement, Knight Frank India said that Delhi saw a marginal decline of 0.2 per cent year-on-year (YoY) in prime residential prices, leading to the drop in global position from 32nd rank in Q1 2021 to 37th rank in Q2 2021, as per an IANS report.
Detailed explanation-2: -The index, which tracks the movement in prime residential prices, defined as the top 5% of the housing market in value terms, saw annual price growth decline from 10% in Q1 2022 to 7.5% in Q2 2022.
Detailed explanation-3: -Three Chinese cities – Shenzhen (+19%), Shanghai (+16%) and Guangzhou (+16%) – lead the index this quarter with improving economic sentiment and government investment in the Greater Bay Area of China behind the acceleration.
Detailed explanation-4: -The GCI’s rankings of the top cities in 2022 reflect the self-reinforcing strength of the world’s leading global cities. The top four cities on the list-New York, London, Paris, and Tokyo-are unchanged from 2021 (see figure 1).
Detailed explanation-5: -The prime global cities index is a valuation-based index that tracks the movement of prime residential prices in local currency in 45+ cities around the world.