India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?
Correct answer: C
Explanation
It is published by the World Bank.
Ease of Doing Business Index: This index was a global ranking that assessed the regulatory environment for business startups and operations in different economies. It measured regulations in areas like starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.
Note: The World Bank discontinued the Ease of Doing Business Index in 2021 due to concerns about data irregularities in some past reports.