{"id":85753,"date":"2025-06-01T03:27:01","date_gmt":"2025-06-01T03:27:01","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=85753"},"modified":"2025-06-01T03:27:01","modified_gmt":"2025-06-01T03:27:01","slug":"which-of-the-following-indicators-have-been-used-by-the-world-economic","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/","title":{"rendered":"Which of the following indicators have been used by the World Economic"},"content":{"rendered":"<p>Which of the following indicators have been used by the World Economic Forum to calculate Global Competitiveness Index for 2016-17?<\/p>\n<ul>\n<li>Efficiency enhancer subindex<\/li>\n<li>Innovation and sophistication factors subindex<\/li>\n<li>Life expectancy enhancer subindex<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below.<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CDS-2 &#8211; 2017<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cds-2-2017.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cds-2-2017\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nThe correct answer is 1 and 2 only.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nThe World Economic Forum&#8217;s Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices:<br \/>\n1.  Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education)<br \/>\n2.  Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size)<br \/>\n3.  Innovation and Sophistication Factors (business sophistication, innovation)<br \/>\nStatements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (&#8220;Life expectancy enhancer subindex&#8221;) is not a component used in the GCI framework. While health is a pillar under &#8216;Basic Requirements&#8217;, there isn&#8217;t a dedicated &#8216;Life expectancy enhancer subindex&#8217;.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nThe GCI framework and its pillars have been refined over the years, but the general structure around Basic Requirements, Efficiency Enhancers, and Innovation and Sophistication has remained central to the methodology used around 2016-17. The sub-indices are aggregates of various specific pillars.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following indicators have been used by the World Economic Forum to calculate Global Competitiveness Index for 2016-17? Efficiency enhancer subindex Innovation and sophistication factors subindex Life expectancy enhancer subindex Select the correct answer using the code given below. [amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following indicators have been used by the World Economic\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/#more-85753\">Detailed Solution<span class=\"screen-reader-text\">Which of the following indicators have been used by the World Economic<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[1101,1120,1261],"class_list":["post-85753","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-2","tag-1101","tag-economic-development","tag-nature-of-indian-economy","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following indicators have been used by the World Economic<\/title>\n<meta name=\"description\" content=\"The correct answer is 1 and 2 only. The World Economic Forum&#039;s Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices: 1. Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education) 2. Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size) 3. Innovation and Sophistication Factors (business sophistication, innovation) Statements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (&quot;Life expectancy enhancer subindex&quot;) is not a component used in the GCI framework. While health is a pillar under &#039;Basic Requirements&#039;, there isn&#039;t a dedicated &#039;Life expectancy enhancer subindex&#039;.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following indicators have been used by the World Economic\" \/>\n<meta property=\"og:description\" content=\"The correct answer is 1 and 2 only. The World Economic Forum&#039;s Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices: 1. Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education) 2. Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size) 3. Innovation and Sophistication Factors (business sophistication, innovation) Statements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (&quot;Life expectancy enhancer subindex&quot;) is not a component used in the GCI framework. While health is a pillar under &#039;Basic Requirements&#039;, there isn&#039;t a dedicated &#039;Life expectancy enhancer subindex&#039;.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T03:27:01+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following indicators have been used by the World Economic","description":"The correct answer is 1 and 2 only. The World Economic Forum's Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices: 1. Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education) 2. Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size) 3. Innovation and Sophistication Factors (business sophistication, innovation) Statements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (\"Life expectancy enhancer subindex\") is not a component used in the GCI framework. While health is a pillar under 'Basic Requirements', there isn't a dedicated 'Life expectancy enhancer subindex'.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following indicators have been used by the World Economic","og_description":"The correct answer is 1 and 2 only. The World Economic Forum's Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices: 1. Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education) 2. Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size) 3. Innovation and Sophistication Factors (business sophistication, innovation) Statements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (\"Life expectancy enhancer subindex\") is not a component used in the GCI framework. While health is a pillar under 'Basic Requirements', there isn't a dedicated 'Life expectancy enhancer subindex'.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T03:27:01+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/","name":"Which of the following indicators have been used by the World Economic","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T03:27:01+00:00","dateModified":"2025-06-01T03:27:01+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct answer is 1 and 2 only. The World Economic Forum's Global Competitiveness Index (GCI) framework typically assesses national competitiveness based on a set of pillars, which are grouped into three sub-indices: 1. Basic Requirements (institutions, infrastructure, macroeconomic environment, health and primary education) 2. Efficiency Enhancers (higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size) 3. Innovation and Sophistication Factors (business sophistication, innovation) Statements 1 (Efficiency enhancer subindex) and 2 (Innovation and sophistication factors subindex) correspond to two of these main sub-indices. Statement 3 (\"Life expectancy enhancer subindex\") is not a component used in the GCI framework. While health is a pillar under 'Basic Requirements', there isn't a dedicated 'Life expectancy enhancer subindex'.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-indicators-have-been-used-by-the-world-economic\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CDS-2","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cds-2\/"},{"@type":"ListItem","position":3,"name":"Which of the following indicators have been used by the World Economic"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/85753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=85753"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/85753\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=85753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=85753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=85753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}