Question 37
AOptions
BSolution
The 'Ease of Doing Business Index' is an annual ranking published by the World Bank. This index measures regulations directly affecting businesses in 190 economies and 47 cities at the subnational level. It assesses various parameters 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. The index aims to provide an objective basis for understanding and improving the regulatory environment for business.
CStrategy
For questions related to international reports, indices, or rankings, it's crucial to know the organization or body that publishes them. This often requires factual recall of major global reports and their sources. Regular review of current affairs relating to global economic and development indices is beneficial.
DSyllabus Analysis
This question belongs to the Indian Economy and International Organizations section, specifically major international reports and indices relevant to India's economic performance and global standing.
EQuestion Analysis
Easy. The 'Ease of Doing Business Index' and its publisher, the World Bank, are widely known in economic and current affairs discussions.