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      Question

      According to the report titled, The Path to 2075-Capital

      Market Size and Opportunity by Goldman Sachs, the growth in Emerging Markets (EM) will continue to outpace that in the developed market, with 7 of the top 10 world economies becoming EMs by______.
      A 2045 Correct Answer Incorrect Answer
      B 2057 Correct Answer Incorrect Answer
      C 2065 Correct Answer Incorrect Answer
      D 2075 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      According to the report titled, The Path to 2075-Capital Market Size and Opportunity by Goldman Sachs, the growth in Emerging Markets (EM) will continue to outpace that in the developed market, with 7 of the top 10 world economies becoming EMs by 2075. Goldman Sachs has predicted the Indian economy and market will be among the top globally by 2050 and even surpass the US by 2075.  By 2075, China, the US, and India are likely to remain the three largest economies. EMs’ share of global equity market capitalisation will rise from around 27 per cent currently to 35 per cent in 2030, 47 per cent in 2050, and 55 per cent in 2075.   It expects India to record the largest increase in global market cap share – from a little under 3 per cent in 2022 to 8 per cent in 2050, and 12 per cent in 2075.

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