BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
World Bank
|
|
|
World Economic Forum
|
|
|
IMF
|
|
|
RBI
|
Detailed explanation-1: -The World Economic Forum has ranked India as the 58th most competitive economy in its Global Competitiveness Report 2018. China has slipped down in the rankings to 28, while US has been declared as the most competitive of the 140 economies in the world.
Detailed explanation-2: -The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum.
Detailed explanation-3: -With a score of 85.6 out of 100, the United States tops the 2018 rankings of the GCI 4.0, confirming its status of most competitive economy in the world. Canada ranks 12 overall with a score of 79.9, behind three Scandinavian countries: Sweden (9), Denmark (10) and Finland (11).
Detailed explanation-4: -During these years, India’s competitive ranking stayed the same at 43. In 2018, it was 44, the data shows. With the improvement in the ranking, India’s economic performance has improved from 37th in 2021 to 28th position in 2022.