2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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56
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51
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45
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49
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Detailed explanation-1: -India has climbed up five spots in the global home price index to 51st rank in Q4 2021 against 56th rank in Q4 2020. There has been a price increase of 2.1 percent YoY in the fourth quarter, Knight Frank said in its latest research report Global House Price Index – Q4 2021.
Detailed explanation-2: -In its latest 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. The price increase of 2.1 per cent year-on-year in the fourth quarter, makes it the best quarter in the year 2021.
Detailed explanation-3: -Detailed Solution. The correct answer is 55.
Detailed explanation-4: -Global House Price Index tracks the movement in mainstream residential prices across 56 countries and territories worldwide using official statistics. The index tracks nominal and real price growth in local currencies. The rankings on the price movement have been accounted basis the nominal price growth change.
Detailed explanation-5: -India has moved down 12 spots in the global home price index to 55th rank in Q1 2021 against 43rd rank in Q1 2020, with a decline of 1.6 per cent year-on-year (YoY) in home prices, Knight Frank, in its latest research report “Global House Price Index” – Q1 2021.