CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country ranked 58th most competitive economy in World Economic Forum(WEF) index?
A
India
B
Pakistan
C
Indonesia
D
Saudi Arabia
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -In 2022, Denmark was ranked first in the index of competitiveness for countries worldwide with an index value of 100. Switzerland was ranked second in that year with an index of 98.92 and Singapore was in third with an index of 98.11.

Detailed explanation-3: -The global competitiveness Index produced by the WEF Since 2005, the WEF has based its analysis of competitiveness on the Global Competitiveness Index (WEF-GCI), which measures the microeconomic and macroeconomic basis of national competitiveness, according to the WEF [17].

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