Q37 · UPSC Prelims 2016 · Set A · Economy

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

A Organization for Economic Cooperation and Development (OECD)
B World Economic Forum
C World Bank
D World Trade Organization (WTO)

Correct answer: (c) World Bank

Explanation

  1. A

    Organization for Economic Cooperation and Development (OECD)

    OECD. The Organisation for Economic Co-operation and Development publishes other indicators, not the Ease of Doing Business ranking that India cited in 2016. This letter is not the key.

  2. B

    World Economic Forum

    World Economic Forum. WEF publishes the Global Competitiveness Report, a different league table. This letter is not the key.

  3. C

    World Bank

    World Bank. The Ease of Doing Business Index was a World Bank Group project (Doing Business report) until it was discontinued after 2021. That stored letter is the official key.

  4. D

    World Trade Organization (WTO)

    WTO. The World Trade Organization does not issue the EoDB ranking. This letter is not the key.

Summary. Official key is (c) World Bank. Ease of Doing Business was the Bank’s Doing Business scorecard, not OECD, WEF or WTO. Honour the stored letter (c).