Reliance Industries moved up to number 86 from number 88 on Fortune's Global 500 list

Current Context: Fortune's Global 500 is an annual ranking of the world's largest corporations by revenue. It provides a comprehensive overview of the global economic landscape.

• Key Highlights of the 2024 List
• Walmart retained its top position for the 11th consecutive year.
• Amazon climbed to the No. 2 spot from No. 4 in the previous year.
• China continues to have a strong presence with several companies in the top ranks.
• The financial sector led in both revenue and profits.
• Big Tech companies like Apple, Alphabet, Microsoft, and Meta collectively generated significant profits.
• India had nine companies on the list, with Reliance Industries being the top-ranked Indian company. Reliance Industries has climbed to the 86th spot in the world.

Question:

1 Which Indian company is ranked highest in the 2024 Fortune Global 500 list?

• A) Tata Group
• B) Reliance Industries
• C) Infosys
• D) HDFC Bank

Answer: B) India had nine companies on the list, with Reliance Industries being the top-ranked Indian company. Reliance Industries has climbed to the 86th spot in the world.