Consider the following statements: According to IFC/World Bank Doing

Consider the following statements:

According to IFC/World Bank Doing Business Report, 2009 India is the most difficult country to enforce contracts in a court of otherwise.
According to the UNIDO Report, 2009 in the Competitive Industrial Performance Index India is ahead of China.

Which of the statements given above is/are correct ?

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1 only

2 only

Both 1 and 2

Neither 1 nor 2

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC CAPF – 2009

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The correct answer is D) Neither 1 nor 2.

Statement 1: According to the IFC/World Bank Doing Business Report 2009 (published in September 2008), India was ranked 180th out of 181 economies on the ease of enforcing contracts. While this indicates extreme difficulty and was among the most difficult, it was not *the* most difficult; Eritrea was ranked 181st. Thus, the statement “most difficult country” is technically incorrect.
Statement 2: According to the UNIDO Competitive Industrial Performance (CIP) Index report 2009 (using data up to 2007), China ranked significantly higher than India in terms of competitive industrial performance. China was among the top performers, while India was much lower down the list. Therefore, the statement that India is ahead of China is incorrect.

The Doing Business report is an annual publication assessing the ease of doing business in various economies. The UNIDO CIP Index measures the ability of countries to produce and export manufactured goods competitively. Both reports in 2009 did not support the claims made in the statements regarding India’s ranking relative to other countries, particularly China.

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