India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?
[amp_mcq option1=”Organization for Economic Cooperation and Development (OECD)” option2=”World Economic Forum” option3=”World Bank” option4=”World Trade Organization (WTO)” correct=”option3″]
This question was previously asked in
UPSC IAS – 2016
The ‘Ease of Doing Business Index’ is a widely recognized index that ranks countries based on how conducive their regulatory environment is to the starting and operation of a local firm.
This index was published annually by the World Bank Group. It measured aspects such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.