2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the rank of India in the ‘Global House Price Index Q4 2020’ released by Knight Frank for the last quarter of 2020 ending December 2020?
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42
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48
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56
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50
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Explanation:
Detailed explanation-1: -In its research report Global House Price Index – Q4 2021, Knight Frank cited that India climbed up five spots to attain the 51st rank in Q4 2021 against 56th rank in Q4 2020.
Detailed explanation-2: -India ranks 51st in global list of annual rise in housing prices: Report.
Detailed explanation-3: -The rankings on the price movement have been accounted, basis the nominal price growth change. Globally, house prices increased by 10.3 percent on average in 2021. Turkey led the index with the highest annual price growth rate of 59.6 percent in the year to Q4 2021 in nominal terms.
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