‘Annual Banking Statistics 2019 Report’

Published on June 28, 2020
Current Context: Switzerland’s Central Bank Swiss National Bank (SNB) has released ‘Annual Banking Statistics 2019 Report’.
‘Annual Banking Statistics 2019 Report’

  • As per this report, India is ranked at position 77th in terms of money parked by the citizens and enterprises with Swiss Banks in 2019.
  • In 2018, India ranked at position 74th.
  • This year, India holds 0.06% of the money deposited in Swiss Bank.
  • The list is topped by the United Kingdom, followed by the United States.
  • Static Part: 
    • HQ of Swiss National Bank: Zurich, Switzerland
    • Chairman of Swiss National Bank: Thomas Jordan

Question: 

Q.1 What is rank of India, as per the ‘Annual Banking Statistics 2019 Report’ released by Swiss National Bank?
a. 45th
b. 85th
c. 69th
d. 77th

Q.2 Which country topped the ‘Annual Banking Statistics 2019 Report’ released by Swiss National Bank? 
a. USA
b. China
c. United Kingdom
d. West Indies

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