2022
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Economic Advisory Council to the Prime Minister
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NITI Aayog
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Department of Economic Affairs
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Department of Administrative Reforms and Public Grievances
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Detailed explanation-1: -The Economic Advisory Council to the Prime Minister, EAC-PM has issued a working paper that says that the decline in India’s rankings on a number of global opinion-based indices are due to the “serious problems” with the methodology used in these perception-based indices.
Detailed explanation-2: -India’s Rank in Various Index 2022 PDF India is ranked 40th in the index. India was ranked 46th in the Global Innovation Index for 2021, a leap of 6 positions.
Detailed explanation-3: -India is placed in the category of “Flawed Democracy” and its rank deteriorated sharply from 27 in 2014 to 53 in 2020 and then improved a bit to 46 in 2021. The decline in rank has been on account of decline in scores primarily in the categories- Civil Liberties and Political Culture.
Detailed explanation-4: -2022 India’s rank: Out of 180 countries, India is at the least 5 with a grade of 18.9. The country has also performed poorly on various measures such as control of corruption, the rule of law, and government effectiveness.
Detailed explanation-5: -The correct answer is the World Bank.