CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India in Global Competitiveness Report (GCR) 2016-2017
A
16
B
39
C
56
D
7
Explanation: 

Detailed explanation-1: -India was ranked 58th with a score of 62.0 in the latest Global Competitiveness Report. “This is the largest gain among all G20 economies, ” WEF said. Agencies India remained the “South Asia’s main driving force".

Detailed explanation-2: -The World Economic Forum’s (WEF) annual Global Competitiveness Index saw India jumping 16 places in 2016-17-the highest leap by any country. It now ranks 39 among the 138 economies that were surveyed.

Detailed explanation-3: -India has come up on 37th rank in 2022 from 43rd in 2021 in the World Competitive Index.

Detailed explanation-4: -Economic performance: It has improved from 37th in 2021 to 28th in 2022. Government efficiency: It has improved from 46th in 2021 to 45th in 2022. Business efficiency: It saw a huge improvement from 32nd rank in 2021 to 23rd in 2022. Infrastructure: It on the other hand, saw no change at 49.

Detailed explanation-5: -India 54th On Global Travel Development Index, Top-Ranked In South Asia.

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