Which of the following is are true according to a recently released report on Global Wealth by Credi...........

Economic Affairs Poverty Related Issues

Which of the following is/are true according to a recently released report on Global Wealth by Credit Suisse Research Institute to show the ineqality?

1. The wealth pyramid of India is top heavy where a large number of people are in the category of top-earners.

2. Indians have wealth which is dominated by property and other real estate assets.

3. This report predicts the increase in number of millionaires in India in coming years.

Codes:

1 and 2

Only 2

2 and 3

All

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Explanation:

The wealth pyramid of India is very broad at base and very narrow at top where a large number of people are in the category of low-earners. Indians have wealth which is dominated by property and other real estate assets. This report predicts the increase in number of millionaires in India in coming years.