Civil Services Prep

Prelims 2016 · Economy · Question 62

India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has released that ranking?

  1. Organization for Economic Cooperation and Development (OECD)
  2. World Economic Forum
  3. World Bank
  4. World Trade Organization (WTO)

Answer

World Bank

  • (a) OECD: OECD publishes economic reports and indicators, but not the Ease of Doing Business ranking. Incorrect.
  • (b) World Economic Forum: WEF releases indices like the Global Competitiveness Report, not Ease of Doing Business. Incorrect.
  • (c) World Bank: The World Bank published the Doing Business Report, which included the Ease of Doing Business ranking. Correct.
  • (d) WTO: WTO deals with global trade rules and trade monitoring; it did not release this ranking. Incorrect.

Answer: (c) World Bank.

  1. The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission (1926) was…
  2. In what way(s) does the Vizhinjam International Seaport represent a structural shift in India's maritime trade…
  3. Which of the following is/are the most significant implication(s) of obtaining Oeko-Tex certification for Eri…
  4. Consider the following statements with reference to the Sagarmala Programme of the Government of India : I.…
  5. An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and…
  6. Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index…