CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the World Economic Freedom Index 2016, what is the rank of India
A
95th
B
112th
C
68th
D
34th
Explanation: 

Detailed explanation-1: -India has slipped by 10 positions to 112th, out of 159 countries and territories, as it “fared badly” across categories including legal system and regulation, according to the Economic Freedom of the World: 2016 Annual Report.

Detailed explanation-2: -World Economic Forum 2016: India ranked 22nd among world’s best countries-The Economic Times.

Detailed explanation-3: -India’s economic freedom score is 53.9, making its economy the 131st freest in the 2022 Index. India is ranked 27th among 39 countries in the Asia–Pacific region, and its overall score is below the regional and world averages.

Detailed explanation-4: -Singapore topped the global ranking for the second year in a row in the latest Economic Freedom Index published last week by US conservative think-tank, The Heritage Foundation. Singapore increased its overall score by 0.3 points to 89.7 primarily due to an improvement in the score for government spending.

Detailed explanation-5: -#1 Singapore Read More About SingaporeSingapore’s economic freedom score is 84.4, making its economy the freest in the 2022 Index.

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