Choose the correct statement?a)Economic Freedom Index report is released by the World Bankb)Norway has secured the first position in the Economic Freedom Index Report, 2021c)Rankings were provided to 178 countries in the Economic Freedom Index Report, 2021d)India has secured 113th rank with a score of 56.5e)None of the above / More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?

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Choose the correct statement?

a)
Economic Freedom Index report is released by the World Bank
b)
Norway has secured the first position in the Economic Freedom Index Report, 2021
c)
Rankings were provided to 178 countries in the Economic Freedom Index Report, 2021
d)
India has secured 113th rank with a score of 56.5
e)
None of the above / More than one of the above

Correct answer is option 'C'. Can you explain this answer?

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Choose the correct statement?a)Economic Freedom Index report is releas...

India has been ranked 121 in this index. Its score is -56.5.
Important facts:-

The Economic Freedom Index report is released by the Heritage Foundation.
On March 4, 2021, the Economic Freedom Index-2021 was released by the American think tank 'The Heritage Foundation.
Singapore ranks first in Economic Freedom Index Report 2021
After this, New Zealand got second place, Australia third, Switzerland fourth, and Ireland fifth.
Whereas last year India was ranked 120 in this index.
The bottom five ranked countries in this index are respectively- (178) North Korea, (177) Venezuela, (176) Cuba, (175) Sudan, and (174) Zimbabwe.
Iraq, Libya, Liechtenstein, Somalia, Syria, and Yemen are not ranked.
India has been included in the category of 'mostly non-independent countries in the index.
Among India's neighboring countries, Bhutan has been ranked 109th, China 107th, Nepal 157th, Sri Lanka 131st, Bangladesh 120th, and Pakistan 152nd.

Static aspects:-
World Bank Group:-

The World Bank Group is an international partnership comprising 189 countries and five constituent institutions that works towards eradicating poverty and creating prosperity.
The United Nations Monetary and Financial Conference, also known as the Bretton Woods Conference held in 1944 led to the formation of the International Monetary Fund (IMF in 1945) and the International Bank for Reconstruction and Development (IBRD in 1944).
headquartered in Washington, D.C.

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Choose the correct statement?a)Economic Freedom Index report is releas...

India has been ranked 121 in this index. Its score is -56.5.
Important facts:-

The Economic Freedom Index report is released by the Heritage Foundation.
On March 4, 2021, the Economic Freedom Index-2021 was released by the American think tank 'The Heritage Foundation.
Singapore ranks first in Economic Freedom Index Report 2021
After this, New Zealand got second place, Australia third, Switzerland fourth, and Ireland fifth.
Whereas last year India was ranked 120 in this index.
The bottom five ranked countries in this index are respectively- (178) North Korea, (177) Venezuela, (176) Cuba, (175) Sudan, and (174) Zimbabwe.
Iraq, Libya, Liechtenstein, Somalia, Syria, and Yemen are not ranked.
India has been included in the category of 'mostly non-independent countries in the index.
Among India's neighboring countries, Bhutan has been ranked 109th, China 107th, Nepal 157th, Sri Lanka 131st, Bangladesh 120th, and Pakistan 152nd.

Static aspects:-
World Bank Group:-

The World Bank Group is an international partnership comprising 189 countries and five constituent institutions that works towards eradicating poverty and creating prosperity.
The United Nations Monetary and Financial Conference, also known as the Bretton Woods Conference held in 1944 led to the formation of the International Monetary Fund (IMF in 1945) and the International Bank for Reconstruction and Development (IBRD in 1944).
headquartered in Washington, D.C.

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Choose the correct statement?a)Economic Freedom Index report is released by the World Bankb)Norway has secured the first position in the Economic Freedom Index Report, 2021c)Rankings were provided to 178 countries in the Economic Freedom Index Report, 2021d)India has secured 113th rank with a score of 56.5e)None of the above / More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?

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