CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India in the Global Manufacturing Risk Index?
A
2nd
B
4th
C
100th
D
56th
Explanation: 

Detailed explanation-1: -3. What is India’s rank in the Global Manufacturing Risk Index 2021? Ans. India ranked 2nd in the 2021 Global Manufacturing Risk Index and has overtaken the United States as the global manufacturing destination.

Detailed explanation-2: -The S&P Global India Manufacturing PMI climbed to 57.8 in December 2022 from 55.7 in the prior month, pointing to the highest reading since October 2020 and marking the 18th straight month of expansion.

Detailed explanation-3: -The Manufacturing Risk Index (MRI) assesses the most suitable locations for global manufacturing among 45 countries in EMEA, the Americas and Asia-Pacific.

Detailed explanation-4: -1. China – 28.7% Global Manufacturing Output.

Detailed explanation-5: -The index is released by the US-based property consultant Cushman & Wakefield.

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