CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the Global pension report, India is ranked at which spot among 43 countries?
A
35
B
39
C
40
D
38
Explanation: 

Detailed explanation-1: -India ranks 41st among 44 nations in Global pension index 2022. As compared to 40th out of 43 countries in 2021, India ranked 41 out of 44 countries in the Mercer CFS Global Pension Index. Mercer CFS Global Pension Index studies 44 countries that account for 65 per cent of the world’s population.

Detailed explanation-2: -global pension index 2022: India ranks 41st among 44 nations on pension index - The Economic Times.

Detailed explanation-3: -The index value was up from 2021 but below that in 2020. In 2020, India ranked 34 out of 39 countries with a value of 45.7. In 2022, the index value was 44.4. The index measures the pension system in the country under three sub-heads, adequacy, sustainability and integrity.

Detailed explanation-4: -The results are in: Iceland leads, but only by a margin The index is made up of three sub-indices – adequacy, sustainability and integrity – to measure each retirement income system against more than 50 indicators.

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