UPSC 2016EconomyModerate

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

A
Organization for Economic Cooperation and Development (OECD)
B
World Economic Forum
C
World Bank
Correct Answer
D
World Trade Organization (WTO)

Explanation

The World Bank (specifically the World Bank Group) published the 'Ease of Doing Business Index' annually to measure the regulatory environment for business activity across 190 economies. While the World Economic Forum (Option B) is a frequent distractor, it is responsible for the 'Global Competitiveness Report' rather than this specific index. This question tests the candidate's ability to correctly associate major international organizations with their flagship economic reports and indices.

International Reports and IndicesGlobal Economic RankingsEase of Doing Business IndexrankingOrganization for Economic Cooperation and Development (OECD)World Economic ForumWorld BankWorld Trade Organization (WTO)

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