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Question of The Day05-11-2019

What is the rank of India in World Bank’s Ease of Doing Business Index, 2020?

Answer

Correct Answer : c ) 63rd

Explanation :

India is ranked at 63rd position in the World Bank’s Ease of Doing Business Index, 2020. World Bank’s Doing Business report ranks economies on the basis of ease of doing business scores. The Doing Business report, 2020 have compared business regulation in 190 economies and measured the performance of each economy across 41 indicators belonging to 10 different topics in the 12-month time period from May 2018 to May 2019.

India has invariably moved up in the World Bank’s Ease of Doing Business (EDB) Index and found a place among the top 10 biggest improvers from their 2019 rankings in Doing Business report, 2020. India’s rank has improved in 79 places from 142nd in 2014 to 63rd in 2019. India was at 77th position in the same report last year.

New Zealand and Somalia continue to have their 1st and 190th position respectively in Doing Business report, 2020. Among BRICS nations, India's rank is lower than in China and Russia.

Hence, the option (c) is correct.

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