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 ✓ UPSC's answer
- (d) World Trade Organization (WTO)
Why the answer is (c)
• The Ease of Doing Business ranking came from the World Bank's annual Doing Business report (2003–2020), scoring 190 economies on ten regulatory indicators — option (c).
• India rose from 142nd (2014) to 63rd (2020) before the report was discontinued in 2021 over data irregularities.
• The OECD (a), WEF (b, Global Competitiveness Report) and WTO (d) publish other rankings.
• Hence option (c).
Why the other options are wrong
- (a) Organization for Economic Cooperation and Development (OECD)
- The OECD does not publish this ranking.
- (b) World Economic Forum
- WEF publishes the Global Competitiveness Report.
- (d) World Trade Organization (WTO)
- The WTO publishes no such ranking.
Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2016, held on 7 August 2016. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.