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GS Paper IUPSC Prelims 2016
Banking & Financial System
Question No. 347Interactive Test Mode
00:00
+2-0.66

Q347. India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?

India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2016 • Indian Economy

Correct Answer: Option (C) — World Bank

Concept & Option Breakdown

Standard Reference Verified

The 'Ease of Doing Business Index' was an annual ranking published by the World Bank Group. It benchmarked business regulations and their enforcement across economies using parameters like starting a business, dealing with construction permits, getting electricity, registering property, paying taxes, and trading across borders.

Elimination Heuristic & Exam Approach

Ease of Doing Business was the flagship report of the World Bank (discontinued in 2021).

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2016 (Q347)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Banking & Financial System
Official Answer KeyOption (C) — World Bank

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Frequently Asked Questions — UPSC Prelims 2016 Q347

What is the official answer for UPSC Prelims 2016 GS Paper I Question 347 (Indian Economy)?

The official UPSC answer key for this 2016 Indian Economy (Banking & Financial System) question is Option (C): "World Bank". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2016 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Banking & Financial System". You can explore all repeated questions from Banking & Financial System in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Banking & Financial System UPSC Prelims question using option elimination?

Ease of Doing Business was the flagship report of the World Bank (discontinued in 2021).

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