2017 · Q74
Which of the following indicators have been used by the World Economic Forum to calculate Global Competitiveness Index for 2016-17 ?
- 1Efficiency enhancer subindex
- 2Innovation and sophistication factors subindex
- 3Life expectancy enhancer subindex
Select the correct answer using the code given below :
General KnowledgeIndian Economy
- A1 and 2 only
- B2 and 3 only
- C1 and 3 only
- D1, 2 and 3
Explanation
The World Economic Forum's Global Competitiveness Index 2016-17 was built on three subindexes: basic requirements, efficiency enhancers, and innovation and sophistication factors. Health and primary education fall within 'basic requirements', so a standalone 'life expectancy enhancer subindex' is not a GCI component. Hence statements 1 and 2 only form the subindexes in question.