Question: On 22 June 2016 the human resources consulting firm, “Mercer” issued the “Cost of Living Survey-2016. According to this which is the most expensive city in India?
(a) Mumbai
(b) Chennai
(c) Delhi
(d) Hyderabad
Ans:(a)
Related facts:
- On 22 June 2016 the human resources consulting firm, “Mercer” issued the “Cost of Living Survey-2016.
- It is 22nd edition of Mercer’s Cost of Living Survey .
- The survey includes over 375 cities throughout the world; this year’s ranking includes 209 cities across five continents.
- New York City is used as the base city for all comparisons and currency movements are measured against the US dollar.
- The survey measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.
- According to Mercer’s 2016 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, pushing Luanda, Angola to second position.
- Zurich and Singapore remain in third and fourth positions, respectively, whereas Tokyo is in fifth, up six places from last year.
- Kinshasa, ranked sixth, appears for the first time in the top 10.
- Other cities appearing in the top 10 of Mercer’s costliest cities for expatriates are Shanghai (7), Geneva (8), N’Djamena (9), and Beijing (10).
- The world’s least expensive cities for expatriates, according to Mercer’s survey, are Windhoek (209), Cape Town (208), and Bishkek (207).
- Mumbai (82) is India’s most expensive city, followed by New Delhi (130) and Chennai (158).
- Kolkata (194) and Bangalore (180) are the least expensive Indian cities.
Reference:
http://www.mercer.com/newsroom/continued-demand-for-mobility-in-the-global-workforce-challenged-by-cost-of-expatriate-packages.html
https://www.imercer.com/content/mobility/cost-of-living-city-rankings.html#list