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    Question

    For the first time India’s equity market is ranked at ________ in the world in terms of market capitalisation.

    A 1st Correct Answer Incorrect Answer
    B 2nd Correct Answer Incorrect Answer
    C 3rd Correct Answer Incorrect Answer
    D 4th Correct Answer Incorrect Answer
    E 5th Correct Answer Incorrect Answer

    Solution

    India’s equity market has broken into the world’s top five club in terms of market capitalisation for the first time. India’s total market cap stands at $3.21 trillion, which is higher than UK ($3.19 trillion), Saudi Arabia ($3.18 trillion), and Canada ($3.18 trillion). India has climbed two positions, despite a 7.4 per cent drop in its market cap.

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