Economics • Indian EconomyMedium
Which organization releases the 'Ease of Doing Business' report historically, and what is India's stance on it?
A. World Bank; though discontinued recently, India undertook major reforms to improve its ranking.✓ Correct Answer
B. International Monetary Fund; India is the primary sponsor of the index.
C. World Trade Organization; India compiles the data independently.
D. Asian Development Bank; India manages its regional publication.
💡 Solution & Explanation
The World Bank historically published the Ease of Doing Business rankings before discontinuing the project due to methodology discrepancies, while India undertook major structural reforms to upgrade its business environment. Alternative international organizations like the IMF manage macroeconomic surveillance rather than commercial regulations. Business climate rankings are important metrics for evaluating economic policy reforms.
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