Q13. Consider the following statements about Ease of Doing Business Index:
1. Ease of Doing Business is an index of World Bank which inter alia refers to the dispute resolution environment in a country which facilitates the investors in deciding for setting up of and operation of a business.
2. India reached 100th ranked country in terms of ‘Ease of Doing Business’ amongst 190 countries.
Which of the above are statements are correct?
Q13. Consider the following statements about Ease of Doing Business Index:
1. Ease of Doing Business is an index of World Bank which inter alia refers to the dispute resolution environment in a country which facilitates the investors in deciding for setting up of and operation of a business.
2. India reached 100th ranked country in terms of ‘Ease of Doing Business’ amongst 190 countries.
Which of the above are statements are correct?
The correct option is C c) Both 1 and 2
Ease of Doing Business Index
Ease of Doing Business is an index of World Bank which inter alia refers to the dispute resolution environment in a country which facilitates the investors in deciding for setting up of and operation of a business.
This index has been created by the World Bank Group and since 2002; it has been evaluating almost all the countries of the world.
A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of the business.
India has emerged out as one among top ten improvers and for the first time ever, India has jumped 30 positions.
India reached 100th ranked country in terms of ‘Ease of Doing Business’ amongst 190 countries.
This manifests that India is fast adopting the best practices in regulatory framework for Ease of Doing Business at all front
c) Both 1 and 2
Ease of Doing Business Index
Ease of Doing Business is an index of World Bank which inter alia refers to the dispute resolution environment in a country which facilitates the investors in deciding for setting up of and operation of a business.
This index has been created by the World Bank Group and since 2002; it has been evaluating almost all the countries of the world.
A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of the business.
India has emerged out as one among top ten improvers and for the first time ever, India has jumped 30 positions.
India reached 100th ranked country in terms of ‘Ease of Doing Business’ amongst 190 countries.
This manifests that India is fast adopting the best practices in regulatory framework for Ease of Doing Business at all front
