What is the position of India in the World Business Optimism ranking compiled for the referenced period?

Difficulty: Easy

Correct Answer: 6th

Explanation:


Introduction / Context:
This question refers to India standing in a global survey known as the World Business Optimism ranking. Such rankings measure how confident business leaders are about economic conditions and future prospects, and they form an important part of economic current affairs for competitive exams.


Given Data / Assumptions:

  • The specific index is the World Business Optimism ranking.
  • India achieved a high position among all surveyed countries.
  • The question asks for the exact rank occupied by India.
  • Options provide several close ranks within the top ten.


Concept / Approach:
According to the survey, India featured among the most optimistic economies in the world with respect to business conditions. For the period referenced in exam material, India ranked sixth in this index. The approach is to recall that India was in the top ten but not in the top three, and specifically placed sixth, which stands out from commonly confused numbers like fourth or fifth.


Step-by-Step Solution:
Step 1: Understand that the question is about a specific optimism ranking, not about GDP size or ease of doing business.Step 2: Recall that India was reported among the top ten countries in terms of business optimism.Step 3: Remember from current affairs notes that India position was sixth in that particular survey.Step 4: Look at the options and identify the one that matches this memory.Step 5: Select sixth as the correct rank.


Verification / Alternative check:
Many competitive exam guides and online question banks mention that India was ranked sixth in the World Business Optimism ranking. This figure is repeated consistently when the survey is discussed, which confirms that sixth is the intended correct answer for objective questions on this topic.


Why Other Options Are Wrong:
Fourth and fifth are sometimes guessed by candidates who only vaguely remember that India was high in the list, but they do not match the actual reported rank.
Seventh is another close distractor but is one place lower than the true position.
Third would place India among the top three, which was not the case in the referenced survey.


Common Pitfalls:
A common error is to mix up this optimism ranking with the ease of doing business ranking or with GDP rankings, which have different values. Another pitfall is to misremember and assume that any top ten ranking means India was either third or fifth, which leads to incorrect guesses. Keeping a small chart of different rankings and India positions helps prevent such confusion.


Final Answer:
In the World Business Optimism ranking for the referenced period, India was placed at the 6th position.

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