Indian Institute of Foreign Trade 2017 Solved Paper

Question : 108 of 114

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The 'Ease of Doing Business Index' is an index created by the World Bank Group. Which of the following is not correct about 'Ease of Doing Business Index'?

Economies are ranked on their ease of doing business, from 1-190.
A high Ease of Doing Business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Regulations covering financial markets, levels of employment and intellectual property are an important parameter in determining the country rankings.
The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic.

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