2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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8th
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5th
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6th
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2nd
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Detailed explanation-1: -India’s slide to the sixth puts the gap with the UK, at seventh, at a little over $100 billion, according to data compiled by Bloomberg that represents the combined value of companies with a primary listing in the respective country.
Detailed explanation-2: -What was India’s Market Capitalization in Dec 2022? India Market Capitalization accounted for 3, 413.715 USD bn in Dec 2022, compared with a percentage of 3, 543.030 USD bn in the previous month See the table below for more data.
Detailed explanation-3: -India is ranked 5th with an overall market capitalization of USD 3.21 trillion. The total world market cap stands at USD 109.22 trillion.
Detailed explanation-4: -After becoming the world’s fifth-largest economy, India now ranks 5th in the world market cap (with a share of 3.5% of global M-Cap currently) vs 10th rank a decade ago, only behind developed nations like US, China, Japan and Hong Kong.