Question

28) Which of the following organizations released Inclusive Development Index?

• A. a) World Bank
• B. b) International Monetary Fund
• C. c) World Economic Forum
• D. d) United Nations Development Program

Answer 1

The correct option is C

c) World Economic Forum

Ans: C
Explanation: India ranked 60th among the 79 developing countries in 2017 Inclusive Development Index (IDI) released in World Economic Forum’s (WEF) ‘Inclusive Growth and Development Report’.

The index is based on 12 performance indicators and countries are ranked on IDI scores based on a scale of 1-7. It has three pillars Growth and Development, Inclusion and Intergenerational Equity, and Sustainability in order to provide a more complete measure of economic development than GDP growth alone.