As per the Julius Baer Lifestyle Index 2021, which is the costliest place to live in the world?

A. Mumbai
B. New York
C. Hong Kong
D. Shanghai


Correct Answer: D. Shanghai

Detailed About MCQs

China is set to become the world’s biggest economy by 2028, and its commercial capital Shanghai has become the costliest place in the world. As per the recently released Julius Baer Lifestyle Index, China’s Shanghai is the most expensive city in the world. Shanghai is followed by Tokyo and Hongkong in the list at 2nd and 3rd position.