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Global Business Environment Rankings

Published on April 16, 2023
Current Context: According to the latest business environment rankings by Economist Intelligence Unit (EIU), Singapore topped the rankings with Vietnam making the most significant improvement.
Global Business Environment Rankings
  • India’s rank improved by six spots in this Ranking. India has now entered into the top ten countries for ease of doing business.
  • The rankings measure the attractiveness of doing business in 82 countries with 91 crucial indicators.
  • North America and Western Europe continue to be the best places in the world to do business.
  • Asia ranks third, ahead of Eastern Europe, while Latin America marginally outperforms the Middle East and Africa (MEA)
  • Vietnam, Thailand, Belgium, Sweden, India and Cost Rica have shown the biggest improvements over the past year. Vietnam is the overall biggest mover which climbed 12 spots in the rankings.

Question:

Q.1 India’s rank improved by how many spots in the latest global Business Environment Rankings?
a. Four
b. Six
c. Eight
d. Nine
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