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As per the Knight Frank Wealth Report 2018, what is the rank of Mumbai?
  • a)
    10
  • b)
    20
  • c)
    16
  • d)
    12
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
As per the Knight Frank Wealth Report 2018, what is the rank of Mumbai...
Mumbai has ranked 16th in the top 20 costliest cities in the world list, as per the Knight Frank Wealth Report 2018. This index was developed based on four major indicators namely wealth, investments, lifestyle and future. Monaco has secured the first position among the top 20 costliest cities in the world. It is followed by Hong Kong in the second position. Third place is occupied by New York City and fourth place is bagged by London. The rise of Mumbai in this ranking is supported by the fast pace wealth creation in India.
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As per the Knight Frank Wealth Report 2018, what is the rank of Mumbai?a)10b)20c)16d)12Correct answer is option 'C'. Can you explain this answer?
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