Economic Freedom Index 2021

Current Context: The Economic Freedom Index 2021 was released by a US-based think tank named Heritage Foundation.

• The index provides a ranking for 184 countries for the period of July 2019 to June 2020.
• As per the index, India is ranked 26th out of 40 countries i.e. among Asia-Pacific Countries.
• Globally, India is ranked at 121st freest country in the index.
• The index is topped by Singapore with a score of 89.7.
• The second and third ranks are marked by New Zealand and Australia respectively.
• The index ranking was calculated based on 12 indicators from property rights to financial freedom under 4 major categories of: the size of government, rule of law, open markets and regulator efficiency.

Question: 

Q.1 Which country topped the Economic Freedom Index 2021?
a. New Zealand
b. Switzerland
c. Singapore
d. Australia