INDIA's position ranking on having black money.
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INDIA's position ranking on having black money.
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Also, the money officially held by Indians with banks in Switzerland now accounts for a meagre 0.04% of the total funds kept by all foreign clients in the Swiss banking system, as per an analysis of the latest figures compiled by the SNB (Swiss National Bank) as on 2016-end.
Answer:
India ranks 3rd in black money list. Global Financial Integrity's latest report on black money outflow has placed India at 3rd position globally with an estimated $94.76 billion black money outflow in 2012. Meanwhile, Russia topped the list followed by China.
Explanation:
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