CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What is the position of India in the global investment in digital shopping 2021?

A	Third
B	Fourth
C	First
D	Second

Explanation:

Detailed explanation-1: -India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 per cent from USD 8 billion in 2020 to USD 22 billion in 2021, according to an official analysis released here on Wednesday.

Detailed explanation-2: -With the backing of global investors for e-commerce companies, India has become the second-largest global venture capital investment hub for digital shopping companies in 2021 after the US.

Detailed explanation-3: -It said India has already become the third-largest shopper base globally, with 180–190 million online shoppers in 2021.

Detailed explanation-4: -According to the London & Partners analysis of Dealroom. co-investment data, India is the second-largest global venture capital investment hub for digital shopping companies.

There is 1 question to complete.