The Global Competitiveness Report assesses factors driving productivity and prosperity. Top-ranking countries typically exhibit strong institutions, infrastructure, macroeconomic stability, health, education, market efficiency, technological readiness, and innovation capacity.
Which one of the following countries occupies the first place in the “Global Competitive Report” of World Economic Forum?
Asked in UPPCS Prelims 2000 · Topic: Nature of Indian Economy (Openness of Economy and Integration with Global Markets)
More Economic Development questions
- Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology. Reason (R): The ideology of Socialism believes in universalism and globalism. In the context of the above two statements, which one of the following is correct?
- Assertion (A): An important policy instrument of economic liberalization is reduction in import duties on capital goods. Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets. In the context of the above two statements, which one of the following is correct?
- Which of the following were the aims behind the setting up of the World Trade Organization (WTO)? I. Promotion of free trade and resource flows across countries. II. Protection of intellectual property rights. III. Managing balanced trade between different countries. IV. Promotion of trade between the former East Bloc countries and the western world. Select the correct answer by using the codes given below:
- ‘They are fantastically diverse. They speak hundreds of languages and dialects. They comprise scores of ethnic groups. They include highly industrialised economies and up-and- coming economies. They span half the surface of the earth and are home to two fifths of the world’s population.” The group of countries referred to belongs to
- Assertion (A) : The Indian economy demonstrated resilience despite global geopolitical challenges. Reason (R) : India's fiscal and monetary policies ensured economic and financial stability post-COVID.
- The severe balance of payments crisis, faced by India in 1991 was characterized by
- Post-economic reforms, the Indian economy saw a shift towards
- As per the Economic Survey, 2023, which of the following statements correctly describe(s) the trend of Foreign Direct Investment in India ? a. It has decreased due to less participation of the private sector. b. It has increased compared to the prepandemic levels. c. It has increased rapidly without decreasing in any Financial Year after the telecom sector was entirely reformed. d. It has decreased due to a weak global economic situation.
