CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the International Business Report 2016, what is the rank of India in global business optimism index during the third quarter (July-September 2016).
A
1st
B
2nd
C
3rd
D
4th
Explanation: 

Detailed explanation-1: -India has recently overtaken the UK to become the fifth largest economy in the world. What is the nominal GDP of India in 2022? India’s nominal GDP in 2022 is $3.8 trillion. According to the World Economy Ranking 2022, which are the countries with the 10 largest economies in the world?

Detailed explanation-2: -In the recent years, India has emerged as one of the most attractive destinations, not only for investments, but also for doing business. The country has risen significantly in the Ease of Doing Business (EoDB) rankings, making it one of the top performers on a global platform.

Detailed explanation-3: -The Ease of Doing Business (EoDB) index is a ranking system established by the World Bank Group. In the EODB index, ‘higher rankings’ (a lower numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights.

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