Current Affairs - Finance

Exercise : Finance - Latest Current Affairs

Finance - Latest Current Affairs

201.

What is the percentage increase in India's weightage in the MSCI Global Standard (Emerging Markets) index since November 2020?

15.2%

18.2%

12.5%

8.8%

Answer: Option

Explanation:

India's weightage in the MSCI Global Standard (Emerging Markets) index has surged to a historic high of 18.2% after MSCI's February review, nearly doubling since November 2020. This increase is attributed to factors like standardized foreign ownership limits, sustained domestic equity rally, and relative underperformance of other emerging markets, particularly China.

Date : 2024-02-29