Ease of Doing Business Index
Question
India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?
Options
Organization for Economic Cooperation and Development (OECD)
World Economic Forum
World Bank
World Trade Organization (WTO)
Explanation
The Ease of Doing Business Index is published annually by the World Bank. It measures the business environment in 190 countries and regions, assessing factors like starting a business, dealing with construction permits, getting electricity, registering property, and enforcing contracts. The World Economic Forum publishes the Global Competitiveness Index (option b), which is different. OECD and WTO do not publish this specific index. The World Bank's Doing Business report is the authoritative source for this ranking.
Answer: (c).
Question details
Year
2016
Paper
GS Paper 1
Question
Q37
Subject
Economy
Sub-topic
International Economic Indicators
Type
Factual single
Difficulty
Easy
Nature
Static
Source hint
World Bank Economic Reports
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