{"id":45269,"date":"2018-04-07T09:18:58","date_gmt":"2018-04-07T09:18:58","guid":{"rendered":"https:\/\/www.edristi.in\/?p=45269"},"modified":"2018-04-07T09:18:58","modified_gmt":"2018-04-07T09:18:58","slug":"global-city-wealth-index","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/global-city-wealth-index\/","title":{"rendered":"Global City Wealth Index"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: According to a recent report, at which of the following places Indian city Mumbai is in the \u2018Global City Wealth Index\u2019?<\/strong><br \/>\n(a) 47<sup>th<\/sup><br \/>\n(b) 48<sup>th<\/sup><br \/>\n(c) 49<sup>th<\/sup><br \/>\n(d) 50<sup>th<\/sup><br \/>\n<strong>Answer: (a)<\/strong><br \/>\n<strong>Related Facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>The London-based global consultancy firm Knight Frank&#8217;s &#8216;Wealth Report-2018&#8217; was released on March 2018. This is the 12th edition of this report.<\/li>\n<li>In this report, an index has been prepared by studying the cities of the world on an economic basis.<\/li>\n<li>This index is the &#8216;City Wealth Index&#8217;.<\/li>\n<li>In which the Indian city Mumbai is placed on the 47<sup>th<\/sup> rank among 314 cities of the world.<\/li>\n<li>The City Wealth Index have been prepared on the basis of Four key indicators &#8216;Wealth&#8217; &#8216;investment&#8217;, &#8216;lifestyle&#8217; and &#8216;future&#8217;.<\/li>\n<li>The report says that Mumbai is ranked 16<sup>th<\/sup> in the world&#8217;s twenty most expensive cities, where land piece of only 92 square meters area can be bought for $ 1 million.<\/li>\n<li>The top 20 cities in the &#8216;City Wealth Index&#8217; are: New York, London, San Francisco, Los Angeles, Chicago, Singapore, Paris, Tokyo, Hong Kong, Washington DC, Sydney, Dallas, Boston, Houston, Miami, Atlanta, Beijing, Shanghai, Munich, and Melbourne.<\/li>\n<li>According to the report, Mumbai and Delhi will be among the top 10 markets in the context of earning householders&#8217; (homes) over $ 25 million in salaries during 2017 and 2022.<\/li>\n<li>After China and Japan, India will be the third largest contributor to Asia in terms of rich population.<\/li>\n<li>It is noteworthy that Mumbai&#8217;s rank was 21<sup>st<\/sup> in the &#8216;City Wealth Index&#8217; for the year 2017, while Delhi was at 35<sup>th<\/sup><\/li>\n<li>In the City Wealth Index of 2018, Mumbai is ranked 20<sup>th<\/sup> in terms of &#8216;Wealth&#8217; alone.<\/li>\n<li>While Delhi and Bangalore are ranked 22<sup>nd<\/sup> and 26<sup>th<\/sup><\/li>\n<li>Ultra High Net worth Individual is a standard of economic prosperity.<\/li>\n<li>Globally, members of &#8216;UHNWI&#8217; are only those, whose annual capital is $ 50 million or more.<\/li>\n<li>According to the report, the global number of &#8216;UHNWI&#8217; is 129,730.<\/li>\n<li>This number has increased by 11,630 in 2017.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.thehindu.com\/news\/cities\/mumbai\/mumbai-ranks-47th-on-wealth-index\/article22987349.ece\" target=\"_blank\" rel=\"noopener\">http:\/\/www.thehindu.com\/news\/cities\/mumbai\/mumbai-ranks-47th-on-wealth-index\/article22987349.ece<\/a><br \/>\n<a href=\"https:\/\/www.mid-day.com\/articles\/mumbai-ranks-47th-on-global-city-wealth-index-say-report\/19164158\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mid-day.com\/articles\/mumbai-ranks-47th-on-global-city-wealth-index-say-report\/19164158<\/a><br \/>\n<a href=\"https:\/\/epaper.timesgroup.com\/Olive\/ODN\/TimesOfIndia\/shared\/ShowArticle.aspx?doc=TOIM%2F2018%2F03%2F08&amp;entity=Ar00601&amp;sk=53760DE7&amp;mode=text\" target=\"_blank\" rel=\"noopener\">https:\/\/epaper.timesgroup.com\/Olive\/ODN\/TimesOfIndia\/shared\/ShowArticle.aspx?doc=TOIM%2F2018%2F03%2F08&amp;entity=Ar00601&amp;sk=53760DE7&amp;mode=text<\/a><br \/>\n<a href=\"http:\/\/www.financialexpress.com\/economy\/city-wealth-index-aamchi-mumbai-ranked-47th-among-314-cities-in-the-world\/1090751\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.financialexpress.com\/economy\/city-wealth-index-aamchi-mumbai-ranked-47th-among-314-cities-in-the-world\/1090751\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: According to a recent report, at which of the following places Indian city Mumbai is in the \u2018Global City Wealth Index\u2019? (a) 47th (b) 48th (c) 49th (d) 50th Answer: (a) Related Facts: The London-based global consultancy firm Knight Frank&#8217;s &#8216;Wealth Report-2018&#8217; was released on March 2018. This is the 12th edition of this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":44260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-45269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/45269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=45269"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/45269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/44260"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=45269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=45269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=45269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}