According to Economic Survey 2019-20, India's position in World Bank's 'ease-of Doing Business' rankings, in 2019 is:

Question

Accepted Answer

The correct option is 3:
India's position in the World Bank's 'Ease of Doing Business' rankings, as highlighted in the Economic Survey 2019-20, was 63. This remarkable rank was achieved in the World Bank's *Doing Business 2020* report (released in October 2019, which covers the period the Economic Survey reviews). India jumped 14 places from its previous ranking, demonstrating the significant impact of the economic reforms implemented by the government, such as improvements in starting a business, dealing with construction permits, trading across borders, and resolving insolvency. The goal of these reforms was to create a business-friendly environment, and achieving the 63rd position marked a major milestone in improving India's global competitiveness.

The incorrect option is 1 (65): This rank is close to the correct figure but is not the officially recorded position for India in the World Bank's 'Ease of Doing Business 2020' report, which formed the basis for the Economic Survey 2019-20 data. While India showed consistent improvement, 65 was not the final rank announced.

The incorrect option is 2 (79): This figure represents an earlier period's ranking. Specifically, India was ranked 77th in the *Doing Business 2019* report. 79 is too high, indicating a position before the full effect of the reforms captured in the latest report cited by the Survey.

The incorrect option is 4 (112): This rank is significantly lower and is incorrect. India had already surpassed this position several years prior due to successful reform efforts. For context, India was ranked 130th in the *Doing Business 2016* report, showing that 112 does not reflect the positive trend of 2019.