2018 · Q52
According to the World Bank’s Doing Business Report, 2018, India’s ranking has improved in 2018 as compared to 2017 in which of the following areas?
- 1Paying taxes
- 2Resolving insolvency
- 3Starting a business
- 4Getting electricity
Select the correct answer using the code given below :
General KnowledgeStatic General Awareness
- A1 only
- B1 and 2 only
- C1, 2 and 3
- D2, 3 and 4
Explanation
In the World Bank's Doing Business 2018 report, India's rankings improved in 'paying taxes' (172 to 119, helped by GST) and 'resolving insolvency' (136 to 103, helped by the Insolvency and Bankruptcy Code). However, 'starting a business' slipped from 155 to 156 and 'getting electricity' slipped from 26 to 29, so neither improved. Only statements 1 and 2 are therefore correct, and the previously keyed answer (2, 3 and 4) is wrong; the key is corrected to '1 and 2 only'.