CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which city has topped the ‘Prime Global Cities Index Q1 2021’ for registering the most strong growth in prime residential prices during January-March 2021?
A
Shenzhen
B
Moscow
C
Toronto
D
Vancouver
Explanation: 

Detailed explanation-1: -Three Chinese cities – Shenzhen (+19%), Shanghai (+16%) and Guangzhou (+16%) – lead the index this quarter with improving economic sentiment and government investment in the Greater Bay Area of China behind the acceleration.

Detailed explanation-2: -The GCI’s rankings of the top cities in 2022 reflect the self-reinforcing strength of the world’s leading global cities. The top four cities on the list-New York, London, Paris, and Tokyo-are unchanged from 2021 (see figure 1).

Detailed explanation-3: -Mumbai moved up to 22nd rank in the third quarter of 2022 from 39th rank in the year-ago period. Meanwhile, Bengaluru’s rank also moved up to 27th as against 41st, while New Delhi’s position improved to 36th rank from 38th rank.

Detailed explanation-4: -Overall, Dubai leads the annual rankings with growth of 64.8%.

There is 1 question to complete.