CURRENT AFFAIRS

Detailed explanation-1: -Singapore topped the list while India ranked 26th in the Asia-Pacific region while ranking 121 overall.

Detailed explanation-2: -India ranked 130th out of 186 economies in recently released Index of Economic Freedom 2018 that measures the degree of economic freedom in the countries of the world. In this edition of index, India with score of 54.5 jumped 13 places from 143rd rank in previous year (2017) with a score of 52.6 points.

Detailed explanation-3: -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.

Detailed explanation-4: -Hong Kong remains in the top position, though its rating fell an additional 0.28 points. Singapore, once again, comes in second.

Detailed explanation-5: -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.