International Organizations (Part – I)

Total Questions: 50

11. In 'Ease of Doing Business Report' published by World Bank on 31th October, 2017, India has been placed at which rank? [U.P.P.S.C. (GIC) 2017]

Correct Answer: (d) 100
Solution:India jumped to 100th place out of 190 countries in October, 2017 Report (DBR 2018) in the World Bank's 'Ease of Doing Business Index', from 130th in the October, 2016 Report (DBR 2017). The World Bank released its latest 'Ease of Doing Business Report in October, 2019.

India was placed at 63th position this time (DBR 2020) out of 190 countries marking an improvement of 14 places from its 77th position in October, 2018 Report (DBR 2019). In September 2021, the World Bank announced that it would be discontinuing the 'Ease of Doing Business Report'.

12. India's ranking in the 'Ease of Doing Business Index' is sometimes, seen in the news. Which of the declared that ranking? [I.A.S. (Pre) 2016]

Correct Answer: (c) World Bank
Solution:Ease of Doing Business Index was an annual index published by the World Bank. In this index, ranking was provided to the countries of the world on the basis of basic changes made to provide trade facilities.
  • The report was introduced in 2003 to provide an assessment of objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle.
  • 10 different parameters namely, Starting a Business, Dealing with Construction permits, Electricity availability, Property registration, Credit availability, Protecting minority Investors, Paying Taxes, Trading across borders, Contracts enforcement, and Resolving Insolvency.
  • It ranks countries on the basis of Distance to Frontier (DTF) score that highlights the gap of an economy with respect to the global best practice.
  • For example, a score of 75 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time.

13. The Fatbef Doing Business Index' prepared and published by: [B.P.S.C. (Pre) 2016]

Correct Answer: (b) World Bank Group
Solution:Ease of Doing Business Index was an annual index published by the World Bank. In this index, ranking was provided to the countries of the world on the basis of basic changes made to provide trade facilities.
  • The report was introduced in 2003 to provide an assessment of objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle.
  • 10 different parameters namely, Starting a Business, Dealing with Construction permits, Electricity availability, Property registration, Credit availability, Protecting minority Investors, Paying Taxes, Trading across borders, Contracts enforcement, and Resolving Insolvency.
  • It ranks countries on the basis of Distance to Frontier (DTF) score that highlights the gap of an economy with respect to the global best practice.
  • For example, a score of 75 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time.

14. With reference to the World Bank's Ease of Doing Business Report, which of the following statement(s) is/ are correct? [U.P. P.C.S. (Pre) 2020]

1. In Ease of Doing Business Report 2020, India's rank is 63.

2. India's ranking for Ease of Doing Business in the year 2019 was 77.

Select the correct answer from the codes given below:

Codes:

Correct Answer: (c) Both 1 and 2
Solution:As per the World Bank's Ease of Doing Business Report 2020, India had jumped 14 places to the 63rd position (out of 190 countries) on the Ease of Doing Business Ranking. India's ranking in Ease of Doing Business Report 2019 was 77 among 190 countries. The top 3 countries (economies) in 2020 report were: 1. New Zealand, 2. Singapore, 3. Hong Kong.
  • The report was introduced in 2003 to provide an assessment of objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle.
  • 10 different parameters namely, Starting a Business, Dealing with Construction permits, Electricity availability, Property registration, Credit availability, Protecting minority Investors, Paying Taxes, Trading across borders, Contracts enforcement, and Resolving Insolvency.
  • It ranks countries on the basis of Distance to Frontier (DTF) score that highlights the gap of an economy with respect to the global best practice.
  • For example, a score of 75 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time.

15. According to the Ease of Doing Business Report, 2020, India improved their rank from: [(e) None of the above / More than one of the above]

Correct Answer: (a) 77 in previous year to 63rd position
Solution:As per the World Bank's Ease of Doing Business Report 2020, India had jumped 14 places to the 63rd position (out of 190 countries) on the Ease of Doing Business Ranking. India's ranking in Ease of Doing Business Report 2019 was 77 among 190 countries. The top 3 countries (economies) in 2020 report were: 1. New Zealand, 2. Singapore, 3. Hong Kong.
  • The report was introduced in 2003 to provide an assessment of objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle.
  • 10 different parameters namely, Starting a Business, Dealing with Construction permits, Electricity availability, Property registration, Credit availability, Protecting minority Investors, Paying Taxes, Trading across borders, Contracts enforcement, and Resolving Insolvency.
  • It ranks countries on the basis of Distance to Frontier (DTF) score that highlights the gap of an economy with respect to the global best practice.
  • For example, a score of 75 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time.

16. Which two States have been jointly ranked first in the ease of doing business ranking issued by the World Bank and DIPP in October 2016? [M.P.P.C.S. (Pre) 2018]

Correct Answer: (d) Andhra Pradesh and Telangana
Solution:Andhra Pradesh and Telangana has been jointly ranked first in the 2016 All-India State/Union Territory-wise ease of doing business rankings issued by the World Bank and DIPP in October 2016, while 2015's topper Gujarat slipped to the third spot. In 2018 rankings, Andhra Pradesh ranked highest while Telangana and Haryana stood at 2nd and 3rd place respectively.

Andhra Pradesh has topped again in the Ease of doing business index in 2019, followed by Uttar Pradesh and Telangana. The Ministry of Commerce and Industry released the assessment of States/UTs based on implementation of Business Reforms Action Plan (BRAP) for the year 2020 on 30 June, 2022.

In this assessment Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana were the Top Achievers based on implementation of BRAP.

17. Which one of the following issues the 'Global Economic Prospects' report periodically? [I.A.S. (Pre) 2015]

Correct Answer: (d) The World Bank
Solution:'Global Economic Prospects' is a World Bank Group flag- ",ship report that examines global economic developments and prospects, with a special focus on emerging market and developing economies. It is issued twice a year, in January and in June.

Major Highlights (2025)

  • Global Economy : It is projected to expand by 2.7% in both 2025 and 2026, the same pace as in 2024.
  • Emerging Market and Developing Economies (EMDES) have undergone significant transformation since 2000, now contributing about 45% of global GDP, compared to 25% at the start of the century.
    ∗  India, China, and Brazil, the three largest EMDES, have collectively driven approximately 60% of annual global growth since the start of the century.
  • Trade Restrictions : New global trade restrictions in 2024 were five times the 2010-19 average.
    ∗As a result, overall economic growth dropped-from 5.9% in the 2000s to 3.5% in the 2020s.
  • Challenges and Recommendations:
    ∗ Rising trade tensions could reduce global growth. Persistent inflation could delay expected cuts in interest rates.
    ∗ With the right policies, these economies can even transform some challenges into significant opportunities.
    ∗ All countries, meanwhile, should work together to strengthen global trade governance, with the support of multilateral institutions.

18. Which one among the following countries has lowest GDP per capita? [I.A.S. (Pre) 2003]

Correct Answer: (b) India
Solution:

India has the lowest per capita GDP against China, Indonesia, and Sri Lanka in the question period as well as at present. In 2022 as per the World Bank's data, the per capita GDP (on the basis of PPP in current international $) of above mentioned countries are as follows: China-22499.4. Indonesia-14445.7, Sri Lanka-14099.5, India-9171.9.

19. The second largest economy in the world next to USA is: [U.P.P.C.S. (Mains) 2005]

Correct Answer: (a) China
Solution:In 2005, Japan was the 2nd largest economy after the United States of America. According to the latest data (2022) of the World Bank, India is the third largest economy of the world after China and the United States on the basis of purchasing power parity (PPP $). As per the World Bank data, on the basis of GDP (nominal; current US$), the world's six largest economies in 2022 are: 1. USA, 2. China, 3. Japan, 4. Germany, 5. India, 6. UK.

20. Which one of the following countries is the third largest economy of the world? [U.P.P.C.S. (Mains) 2007]

Correct Answer: (a) Japan
Solution:As per the data of the World Bank, on the basis of GDP (nominal; current US $), China was the 3rd largest economy of the world in 2007, but at present (in 2022), Japan is the 3rd largest economy of the world after United States and China. India is the third largest economy of the world after China and United States in terms of PPP $.

According to the World Bank's International Comparison Program (ICP) data, India holds a 6.4 percent share of global GDP on a PPP basis. The United States remains in first place with a 17.1 percent share and China trails it at 14.9 percent. Japan, while still the world's third largest economy in nominal terms, holds a 4.8 percent share of global wealth.