What was India’s rank in the Ease of Doing Business Index 2020?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 63.
- India has improved its ranking by 79 positions in five years (2014-19).In the recent World Bank’s ease of doing business 2020 report, India jumped to 63rd position, among 190 nations.
- India’s ranking witnessed improvement even as the Central Government took drastic steps such demonetization and ghastly implementation of Goods of Service Tax.
- The aim is to improve the ease of living and the ease of doing business in India, more than 25,000 compliances have been reduced by the GOI.