New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    India has taken over the stock market capitalization of

    which country for the first time with the combined value of shares listed on Indian exchanges reaching $4.33 trillion according to data compiled by Bloomberg ?
    A Hong Kong Correct Answer Incorrect Answer
    B USA Correct Answer Incorrect Answer
    C Singapore Correct Answer Incorrect Answer
    D Germany Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its value crossed $4 trillion for the first time.

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