Q174
Current Affairs & General KnowledgeEconomy, Banking & Business
What is the rank of India as per 16th Global Retail Index published in 2017?
- a.First
- b.Second
- c.Third
- d.Fourth
Answer: (A) First
In the 2017 Global Retail Development Index of the consulting firm A. T. Kearney, India ranked first among 30 developing countries, overtaking China, which came second. The index ranks developing countries on their attractiveness for retail investment. The ranking was credited to India's fast-growing economy, relaxed FDI rules and consumption boom.