Question

Q23. The Global competitiveness report is a yearly report published by

• A. a) IMF
• B. b) UN
• C. c) World Bank
• D. d) World Economic Forum

Answer 1

The correct option is D d) World Economic Forum

The Global Competitiveness Report (GCR)[1] is a yearly report published by the World Economic Forum. Since 2004, the Global Competitiveness Report ranks countries based on the Global Competitiveness Index, developed by Xavier Sala-i-Martin and Elsa V. Artadi
The report "assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity