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 1billionormoreandthecumulativewealthoftheultra−richpeoplestoodat 392 billion.