India is ranked at 9th position in crony-capitalism with crony sector wealth accounting for 3.4% of the gross domestic product (GDP), according to a new study by The Economist.
In India, the non-crony sector wealth amounts to 8.3% of the GDP, as per the latest crony-capitalism index. In 2014 ranking also, India stood at the ninth place. Using data from a list of the world’s billionaires and their worth published by Forbes, each individual is labell .
So let’s do:
1. What is the rank of India in crony-capitalism index ?
Source – The Hindu