Global Competitiveness Index 2016-17
Q. As per latest Global Competitiveness Index (GCI), India’s rank is- Published on 05 Oct 16a. 36
b. 71
c. 39
d. 55
ANSWER: 39
- The World Economic Forum (WEF) shows that India’s ranking in the Global Competitiveness Index (GCI) has improved by 16 places for the second year in a row.
- According to the latest ranking, he said that India is placed 39th among 138 countries, ahead of BRICS countries other than China which is ranked 28th.
- India’s rank has steadily improved from 71 in 2014-15 to 55 in 2015-16 and to 39 in the latest report.
- The landmark improvement in the Global Competitiveness rankings India is in consequence of the structural reforms and policy initiatives taken by GOI.
- India also ranks 8th in the strength of investor protection.
