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World's 10 richest nations

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V

V.Balasubramani

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It is individual wealth collectively

India is richer than Canada, Australia!

World's 10 richest nations

India is ranked among the world's 10 wealthiest countries.
23nation1.jpg

MAGE: India ranked 7th among richest nations. Photograph: Babu/Reuters
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India, Australia and Canada have overtaken Italy as the richest nation over the past 12 months.

Wealth refers to net assets of a person, according to a report by New World Wealth. It includes all their assets (property, cash, equities, business interests) less any liabilities, the report said adding that it excludes government funds from its figures.

Take a look at the world’s 10 richest nations…

United States
Rank: 1
Wealth: $48,900 billion

Read more at: http://www.rediff.com/business/report/pix-special-india-is-richer-than-canada-australia/20160823.htm
 
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Where is my Rs 3.1 lacs.

I know it is a number, does it mean anything?
Will it buy me 1 meal?
If the rich in India is Multi-billionaire, does it mean much to average Indian?

Let us say India's GDP is [FONT=arial, verdana, sans-serif, FreeSans]$4,400 billions and there are 4000 are billionaires, in population of 1.4 billion people.
The 1 billion will be penniless. [/FONT]
 
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hi

china is more populated than india.....still population is an excuse......INDIA IS RICH.....STILL INDIANS ARE POOR...
 
prasad1 said:
Where is my Rs 3.1 lacs.
Click to expand...


Ask your Auditor.

Let him not give a report like this.....

Audit reveals Army's trillion-dollar accounting gaffes

The US Army made trillions of dollars of accounting mistakes and often did not have the receipts or invoices needed to support figures in its budget, according to a scathing Pentagon report.

The audit, conducted by the Defense Department's Office of Inspector General, found that the Army erroneously made $2.8 trillion in adjustments in the third quarter of 2015 to its Army general fund - one of the main accounts used to fund the service. The error amount skyrocketed to $6.5 trillion for all of last year, the report said.

The June report, first disclosed by Reuters on Friday, found "unreliable" data was used to prepare the financial statements, leading to the possibility that the Army's finances were "materially misstated."

Read more at: http://edition.cnn.com/2016/08/23/p...ounting-errors1233AMStoryLink&linkId=27985715
 
prasad1 said:
My post#3 was in response to Vganeji's post #2 where he said:

I am sorry you did not get the joke. :Cry:
Click to expand...

I am sorry you are overlooking the jokes heppening at ........

and come here to make joke.....:Cry:
 
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