2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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51
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49
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60
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72
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Detailed explanation-1: -India was placed at 44th place, ahead of countries like Poland, South Korea, Sweden, Bahrain, Oman, New Zealand, Norway, Mauritius, Bangladesh, Pakistan, Hungary and Finland.
Detailed explanation-2: -Funds parked by Indians in Swiss banks increased for the second straight year in 2021, reaching the highest in 14 years. The cumulative value of customer deposits, securities, and other financial instruments was more than 30, 500 crore rupees ($3.95 billion), according to data from the Swiss National Bank (SNB).
Detailed explanation-3: -On top of Swiss law working hard to protect your Swiss bank accounts, the currency of Switzerland is one of the safest in the world. There is virtually zero inflation with this currency, increasing the financial protection this country has to offer.
Detailed explanation-4: -Foreigners are accepted for wealth management purposes only. They can’t open a basic account for the execution of daily payments. Most Swiss private banks expect at least 1, 000, 000 CHF.