2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Third
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Fourth
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First
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Fifth
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Detailed explanation-1: -India’s equity market has broken into the world’s top five club in terms of market capitalisation for the first time. The country’s total market cap stands at $3.21 trillion, which is higher than that of the UK ($3.19 trillion), Saudi Arabia ($3.18 trillion), and Canada ($3.18 trillion).
Detailed explanation-2: -India’s rank At present India is ranked 5th, after the U.S., China, Japan, and Hong Kong. At the start of 2022, India was ranked 7th.
Detailed explanation-3: -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.
Detailed explanation-4: -Market capitalization can be calculated by multiplying the number of outstanding shares of a company by the current price of its shares. For example, if a company issues one million shares at INR 100 each, its market capitalization is INR 100 million (1 million shares multiplied by INR 100).