BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Doing Business Report” is prepared by which of the following organizations every year?
A
Asian Development Bank (ADB)
B
World Bank (WB)
C
New Development Bank (NDB)
D
World Trade Organization (WTO)
Explanation: 

Detailed explanation-1: -It is published by World Bank Group.

Detailed explanation-2: -Definition: Ease of doing business is 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.

Detailed explanation-3: -The World Bank announced in December 2022 that it would be releasing the methodology for the replacement to the index in the second quarter of 2023.

Detailed explanation-4: -In September the World Bank announced it was “discontinuing” its “Doing Business” report, which ranks countries on the ease of opening and operating a company. It cited the outcome of an investigation that found the World Bank had changed the rankings under pressure of funding.

There is 1 question to complete.