GS PrelimsEconomyIndustries2016

India's ranking in the Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?

A

Organization for Economic Cooperation and Development (OECD)

B

World Economic Forum

C

World Bank

D

World Trade Organization (WTO)

Correct Answer: Option C

Explanation

1. The question asks which organization declares the 'Ease of Doing Business Index' ranking. 2. The 'Ease of Doing Business Index' was an annual report and ranking published by the World Bank Group. It measured regulations directly affecting businesses in numerous economies. 3. Although the report was discontinued after the 2020 edition due to data irregularities, during the period the question was asked (2016), the World Bank was the entity that declared this ranking. 4. The Organization for Economic Cooperation and Development (OECD), World Economic Forum, and World Trade Organization (WTO) are involved in global economic and trade matters but did not publish the 'Ease of Doing Business Index'.

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