2016 · EconomyPrevious Year Question
Q62.
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)
Answer

C

Explanation

World Bank's Ease of doing business report - India's position has improved from 142 to 130. This is on account of ease of starting a business, dealing with construction permit and getting electricity permits. Credit is one area where India performs poorly and needs to improve. Access to credit and ease of paying taxes has worsened, according to the World Bank's Doing Business Report 2016.