2023
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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80th
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50th
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60th
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70th
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Detailed explanation-1: -India has moved 14 places to be 63rd among 190 nations in the World Bank’s ease of doing business ranking released on Thursday on the back of multiple economic reforms by the Narendra Modi government. However, it failed to achieve government’s target of being at 50th place.
Detailed explanation-2: -According to the World Bank, India ranked 63rd in 2022 in ease of doing business across the world among 190 countries, improving its rank from 142 in 2014.
Detailed explanation-3: -India’s “rank in ease of doing business according to World Bank report has improved from 142 in 2014 to 63 in 2022 and reduction in compliances is now a major focus.
Detailed explanation-4: -The overall score for India is higher than the regional average observed across South Asia (63.7), but its overall ranking in gender equality in legal terms has dropped to 124th among 190 countries in 2022, against 123rd in 2021 and 117th in 2020.