CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country ranked 130 at Index Of Economic Freedom 2018 recently?
A
India
B
Pakistan
C
Saudi Arabia
D
Indonesia
Explanation: 

Detailed explanation-1: -By India Today Web Desk: In a proud moment, the Indian economy has made a leap of 13 spots to come up to the 130th rank in the annual Index of Economic Freedom 2018, released by a top American think-tank.

Detailed explanation-2: -In 2018, India ranked 54 in size of government, compared with 11 in 2017. Its rank dropped to 122 in regulation from 108 during this time, while its rank in freedom to trade internationally also dropped to 137 from 131 previously.

Detailed explanation-3: -Singapore is the top country by index of economic freedom in the world. As of 2022, index of economic freedom in Singapore was 84.4 score. The top 5 countries also includes Switzerland, Ireland, New Zealand, and Luxembourg.

Detailed explanation-4: -According to Economic Freedom ranking in 2022, India’s score for government integrity stood at 42.4, a decrease from the previous year. This put the country in the repressed range, same as the world average at 45.3 that same year.

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