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Question

Choose the most appropriate option.
How many billionaires India has lost since demonetization on November 8,2016?

A
Two
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B
Eleven
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C
Eighteen
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D
Eight.
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Solution

The correct option is B Eleven
  • Demonetisation has stripped some of India's wealthiest of their billionaire status. India lost 11 billionaires since the note ban announced on November 8,2016.
  • The country now has 132 billionaires with a net worth of 1billionormoreandthecumulativewealthoftheultrarichpeoplestoodat 392 billion.

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