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Which of the following indicators have been used by the World Economic Forum to calculate Global Competitiveness Index for 2016-17?
1. Efficiency enhancer sub index
2. Innovation and sophistication factors sub index
3. Life expectancy enhancer sub index
Select the correct answer using the code given below.
  • a)
    1 and 2 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following indicators have been used by the World Economic...
The answer is 1 and 2 only
Indicators used by the World Economic Forum to calculate Global Competitiveness Index for 2016-17 were:
  • Efficiency enhancer sub index
  • Innovation and sophistication factors sub index
Note:
  • The Global Competitiveness Index evaluates the potential of countries to provide welfare to their citizens.
  • The Index basically measures the economic prosperities
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