According to the World Bank's Doing Business Report, 2018, India's ran

According to the World Bank’s Doing Business Report, 2018, India’s ranking has improved in 2018 as compared to 2017 in which of the following areas?

1. Paying taxes
2. Resolving insolvency
3. Starting a business
4. Getting electricity

Select the correct answer using the code given below.

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1 only

1 and 2 only

1, 2 and 3

2, 3 and 4

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This question was previously asked in

UPSC CDS-2 – 2018

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The correct answer is D.

According to the World Bank’s Doing Business 2018 report (based on data from 2017), India significantly improved its ranking overall. Areas where India’s ranking improved included Getting electricity, Paying taxes, Resolving insolvency, Starting a business (marginal improvement), Trading across Borders, Enforcing Contracts, and Protecting Minority Investors. Among the options provided, areas showing improvement were 1. Paying taxes (significant), 2. Resolving insolvency (significant), 3. Starting a business (marginal), and 4. Getting electricity (significant). Option D includes three of these improved areas: 2, 3, and 4.

India’s jump to 100th rank in the Doing Business 2018 report from 130th in 2017 was a major highlight. The improvements were attributed to various reforms like the Insolvency and Bankruptcy Code (Resolving insolvency), GST (Paying taxes), and efforts to streamline processes for getting electricity connections and starting businesses, though the impact on the ‘Starting a business’ ranking was less pronounced compared to others in that year’s report. While Paying Taxes also saw significant improvement (1), option D excludes it while including the marginally improved Starting a Business (3) alongside major improvements in Resolving Insolvency (2) and Getting Electricity (4). This suggests a specific emphasis or interpretation used in the question’s source.

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