2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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71st
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23rd
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43rd
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56th
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Detailed explanation-1: -India has witnessed the sharpest rise among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index compiled by the Institute for Management Development, largely due to gains in economic performance.
Detailed explanation-2: -India maintained 43rd rank in an annual World Competitiveness Index 2021 compiled by the Institute for Management Development (IMD).
Detailed explanation-3: -According to IMD, the Indian economy’s competitiveness improved significantly in 2022, with the country’s economic performance rank increasing from 37th to 28th.
Detailed explanation-4: -Switzerland and Singapore firmly retain their leading position while Denmark makes it into the top 3. United States ranks 4th, and many European economies continue to dominate – Sweden (5th), Netherlands (6th), Norway (7th), Finland (8th) and the United Kingdom (10th).