What is the rank of India as per 16th Global Retail Development Index Published in 2017?
- AFirst
- BSecond
- CThird
- DFourth
Solution & Step-by-step Explanation
In the 16th Global Retail Development Index (GRDI) published in 2017 by A.T. Kearney, India secured the First rank, surpassing China, due to a massive surge in retail growth, rapid urbanization, and a booming e-commerce market ecosystem.