Explanation:

• India has moved down three places to 77th rank in terms of money parked by its citizens and enterprises with Swiss banks at the end of 2019, as per the latest annual banking statistics released by the Swiss National Bank (SNB).
• India was ranked 74th in 2018.
• As per the latest data, India accounted for just about 0.06 percent of the aggregate funds parked by all foreign clients of Switzerland-based banks.
• UK has retained its top position, accounting for close to 27 percent of the total foreign funds parked with Swiss banks at the end of 2019.
• UK is followed by the US, West Indies, France and Hong Kong in the top five.