What is the approximate annual growth rate of India’s world market capitalization, for the last five years? - Study24x7
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1012 followers study24x7 08 Jul 2021 12:17 PM study24x7 study24x7

What is the approximate annual growth rate of India’s world market capitalization, for the last five years?

A

2.5%

B

5.6%

C

14.7%

D

21%

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  • Edubabble LLP
    • India has been outperforming the global growth in market- capitalisation for the last five years, at 14.7% annually against 13.25%. In the month of June, India’s share of the world market capitalisation rose to 2.60%, which was more than the long-term average of 2.45%, as per media reports. India’s market-cap rose 66% in one year to $3.02 trillion last month, which was also higher than the 44% growth of global market-cap.

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