Govt. Exams
Entrance Exams
India's National AI Strategy 2024 encompasses AI manufacturing, governance leadership, and research development to make India a global AI powerhouse.
Singapore remained the largest source of FDI into India in 2024, accounting for significant portion of inflows.
India’s digital transaction value in 2024 is generally estimated at around $3–4 trillion (USD).
India's updated NDCs target 45% emission reduction intensity by 2030 from 2005 levels.
India ranked 115th in the 2024 Global Gender Gap Report, showing incremental progress in gender equality metrics.
The scheme targets a 75% increase in apprenticeships through enhanced stipends and training opportunities.
# India's GFCI Ranking 2024
The Global Financial Centres Index (GFCI) is a quarterly ranking that measures the competitiveness of financial centres worldwide based on factors like financial stability, business environment, and infrastructure.
Step 1: Understanding GFCI Rankings
The GFCI ranking evaluates over 100 financial centres globally. India's position in this index reflects the strength of its financial sector, regulatory framework, and economic growth trajectory in the global financial landscape.
Step 2: India's 2024 GFCI Performance
According to the Global Financial Centres Index released in 2024, India improved its ranking to the 46th position. This represents a notable improvement in India's standing as a global financial centre, driven by factors such as robust economic growth, digital financial innovation, regulatory reforms, and increased market integration.
The correct answer is (C) 46th — India secured the 46th position in the 2024 GFCI ranking, marking an improvement in its global financial centre competitiveness.
