UPSC Prelims 2016 · Question 62 of 98
UPSC Prelims 2016 question on Ease of Doing Business Ranking
- ExamUPSC CSE
- Year2016
- PaperGeneral Studies Paper I
- SubjectIndian Economy
- TopicExternal Sector of India
- DifficultyEasy
- TypeDirect
India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?
Show answer
Answer: C. World Bank
Verdict
The answer is the World Bank. The Ease of Doing Business ranking is a World Bank publication.
Analysis
The Doing Business report ranked economies on the regulatory environment for firms, covering areas such as starting a business, dealing with construction permits, getting electricity, getting credit and enforcing contracts, and India's position improved from 142 to 130 in the edition reported here. The World Economic Forum is the closest distractor because it publishes the similarly framed Global Competitiveness Report. The OECD publishes economic surveys and country reviews, and the WTO deals with trade rules rather than domestic business regulation.
Source
The Hindu report on India moving up in the World Bank Doing Business ranking.
How to crack it
Keep the two most confused rankings apart by their publisher and their subject, since Ease of Doing Business is the World Bank on regulation, while Global Competitiveness is the World Economic Forum on broader economic conditions. Then use the tie breaker: the World Bank measures things that governments can change by amending rules, which is what a doing business index does. Attaching each index to a publisher and a policy lever settles the whole family.