Difficulty: Easy
Correct Answer: 45th
Explanation:
Introduction / Context:
This question relates to India position in the IMD World Competitiveness rankings. These rankings assess how well countries create and maintain conditions for businesses to compete, and they are part of important economic current affairs.
Given Data / Assumptions:
Concept / Approach:
In the relevant IMD competitiveness report, India was placed at the forty fifth position among the countries evaluated. The approach to answering is to recall that India was in the mid range of the rankings, not near the bottom, and that the specific position widely quoted in exam material was forty fifth.
Step-by-Step Solution:
Step 1: Note that the index is about overall competitiveness, not about ease of doing business or GDP size.Step 2: Recall from current affairs that India ranking was within the top fifty, specifically at forty fifth place.Step 3: Check the given options and identify forty fifth among them.Step 4: Recognise that ranks like 145th or 107th are much lower than India reported position.Step 5: Select 45th as the correct answer.
Verification / Alternative check:
Economic news summaries, government press notes and exam oriented compilations mention that in the referenced year, India was ranked forty fifth in the IMD World Competitiveness rankings. This value appears consistently and is not confused with much lower ranks, providing confirmation that 45th is the correct figure to mark in objective questions.
Why Other Options Are Wrong:
Rank 145th would imply extremely low competitiveness and is inconsistent with the report.Rank 107th is also much lower than India observed position in these rankings.Rank 56th places India outside the top fifty and does not match the widely quoted figure.Rank 75th is included as a distractor but does not correspond to the actual IMD ranking for India.
Common Pitfalls:
Students sometimes mix up multiple rankings released in a year, such as ease of doing business, global competitiveness reports by other institutions and innovation indices. This can lead them to select numbers like 75th or 56th, which belong to different lists or years. Keeping separate notes for each major ranking and its source helps clarify these differences.
Final Answer:
In the IMD World Competitiveness rankings, India was placed at the 45th position.
Discussion & Comments