![Global Gender Wealth Equity Report Global Gender Wealth Equity Report](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw1jd4V6a89M3__UQbh2AMhc6Bdemq7kQPHBu7-5QM42pn8vLuumuH6nlmQuztB1XDrYyUGdOmf94MegGcEIISPYZyRn64NMJtN7uiiuFjyuISW8-ZiNWzOoMrhnqqemarq6J7gBUoIdLX_HROqkeRqf-a0V--BQucDlgwalkuDvvV5VXTSHz3aJ2J7Q/w320-h250-rw/gender-gap.png)
- According to the Global Gender Wealth Equity Report, India has the worst gender wealth gap in the Asia-Pacific region.
- The report suggested the following reasons behind it:
- The higher gender pay gap
- Limited leadership roles (3%) for women
- Childcare responsibilities for women at a younger age
- Low financial literacy among women
- The Wealth Equity Index (WEI) in the Asia-Pacific region is the worst for India (64%) and the best for South Korea (90%).
- The report mentioned that globally, at retirement, women hold just 74% of the wealth accumulated by men.
- The report also said that women in leadership and senior positions have the largest gaps in accumulated wealth.
- South Korea, with a WEI of 0.90 topped the Global Gender Wealth Equity which was followed by Spain at 0.86.
Question:
Q.1 Which country performed the worst in the gender wealth gap according to the Global Gender Wealth Equity Report in the Asia-Pacific region?a. India
b. China
c. Philippines
d. Thailand