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According to “CS Family 1000” report by Credit Suisse Research Institute, India is in which position in the highest number of family-owned businesses in the world? 
  • a)
    Third
  • b)
    Fourth
  • c)
    Fifth
  • d)
    Tenth
  • e)
    First
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
According to “CS Family 1000” report by Credit Suisse Rese...
Answer – 1. Third
Explanation

As per “CS Family 1000” report by Credit Suisse Research Institute, India has 3rd highest number of family-owned businesses in the world. As per the report, there are 108 publicly-listed family-owned businesses in India, which is the third highest in the world. With 167 family-owned businesses, China is at the top followed by US, which has 121 such businesses.
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According to “CS Family 1000” report by Credit Suisse Research Institute, India is in which position in the highest number of family-owned businesses in the world?a)Thirdb)Fourthc)Fifthd)Tenthe)FirstCorrect answer is option 'A'. Can you explain this answer?
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