Q3 · UPSC Prelims 2019 · Set A · Current Affairs and GK

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The Global Competitiveness Report is published by the

A International Monetary Fund
B World Nations conference on trade and development
C World economic forum
D World bank

Correct answer: (c) World economic forum

Explanation

  1. A

    International Monetary Fund

    (a) International Monetary Fund. The IMF issues the World Economic Outlook and Global Financial Stability Report, not the Global Competitiveness Report, so it is not the key.

  2. B

    World Nations conference on trade and development

    (b) United Nations Conference on Trade and Development. UNCTAD publishes the World Investment Report and trade-and-development surveys, not this competitiveness ranking, so it is not the key.

  3. C

    World economic forum

    (c) World Economic Forum. The Global Competitiveness Report (and its Global Competitiveness Index) is a WEF product, so this publisher is the official key.

  4. D

    World bank

    (d) World Bank. The Bank’s Ease of Doing Business (while it ran) and World Development Report are different products, so the Bank is not the key.

Summary. Official key is (c) World Economic Forum. The Global Competitiveness Report ranks economies on institutions, infrastructure, skills and innovation under the WEF’s index. IMF, UNCTAD and World Bank each publish other flagship reports that candidates often swap with this title. Honour the stored letter (c).

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