As per the Economic Survey of India 2021, SENSEX and NIFTY resulted in India’s market- cap to GDP ratio crossing ______ for the first time since October 2010.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 100%.
- Buoyant SENSEX and NIFTY resulted in India's market-cap to GDP ratio crossing 100% for the first time since October 2010.
- It raises concerns on the disconnect between the financial markets and real sector.