CURRENT AFFAIRS

Detailed explanation-1: -India has come up on 37th rank in 2022 from 43rd in 2021 in the World Competitive Index.

Detailed explanation-2: -India has seen the sharpest growth among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index 2022. The Index has been compiled by the Institute for Management Development (IMD).

Detailed explanation-3: -What are the Highlights of the Index? Top Global Performers: Europe: Denmark has moved to the top of the 63-nation list from the third position last year, while Switzerland slipped from the top ranking to the second position and Singapore regained the third spot from fifth.