The “Getting Electricity” indicator in the Ease of Doing Business Index (EODB) measures:
Show answer & explanation
Correct answer: C
Explanation
Correct Answer:
Cost, time, and procedures to obtain electricity
Explanation:
The “Getting Electricity” indicator in the World Bank’s Ease of Doing Business Index (EODB) measures the procedures, time, and cost required for a business to obtain a permanent electricity connection for a warehouse or commercial space. It also assesses the reliability of electricity supply and the transparency of tariffs.
Additional Points:
The World Bank's Doing Business project has been succeeded by the B-READY (Business Ready) framework, which evaluates the business and investment climate worldwide.
Important Questions and Answers:
Question: Which global institution published the Ease of Doing Business Index?
Answer: World Bank.
Question: What are the primary factors evaluated under the 'Getting Electricity' indicator?
Answer: Procedures, time, and cost.