CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has topped the Economic Freedom Index 2021, released by US think-tank, The Heritage Foundation?
A
Singapore
B
Ireland
C
Australia
D
Netherlands
Explanation: 

Detailed explanation-1: -Economic Freedom Index 2021 has been published by the Heritage Foundation in March 2021. Singapore topped the list while India ranked 26th in the Asia-Pacific region while ranking 121 overall.

Detailed explanation-2: -#1 Singapore Read More About SingaporeSingapore’s economic freedom score is 84.4, making its economy the freest in the 2022 Index.

Detailed explanation-3: -As per the Economic Freedom Index (2021), Singapore is at the topmost position for the second year in a row. The top five countries are: Singapore. New Zealand.

Detailed explanation-4: -Economic Freedom of the World: 2021 Annual Report In this year’s report, which compares 165 countries and territories, Hong Kong is again number one-although China’s heavy hand will likely lower Hong Kong’s ranking in future years-and Canada (14th) trails the United States (6th).

Detailed explanation-5: -United States of America index of economic freedom was at level of 72.1 score in 2022, down from 74.8 score previous year, this is a change of 3.61%.

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