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Ease of Doing Business ranking — UPSC Prelims PYQ 2016

India’s ranking in the Ease of Doing Business Index is sometimes seen in the news. Which of the following has declared that ranking?

  1. Organization of Economic Cooperation and development (OECD)
  2. World Economic Forum
  3. World Bank
  4. World Trade Organization (WTO)

Explanation

Option (c) is correct
  • Ease of doing business was an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country. In September, 2021, the World Bank Group has decided to discontinue the publication of the Doing Business report.

Infographic detailing World Bank's history, goals, structure, and functions, highlighting its founding in 1944, headquarters in Washington D.C., and 189 member countries. It outlines five institutions (IBRD, IDA, IFC, MIGA, ICSID), their roles in financing, advisory services, and promoting private sector development, and features key India projects like Pradhan Mantri Gram Sadak Yojana and National Ganga River Basin Project.

Answer: (c) World Bank; Difficulty Level: Easy
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