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In the 2024 Global Innovation Index, which organisation ranked India 39th among 133 global economies, highlighting its leadership in the Central
Question

In the 2024 Global Innovation Index, which organisation ranked India 39th among 133 global economies, highlighting its leadership in the Central and Southern Asian region?​

A.

World Bank

B.

World Economic Forum

C.

International Monetary Fund

D.

World Intellectual Property Organization

Correct option is D

The correct answer is: (D) World Intellectual Property Organization

Explanation:
  • In the 2024 Global Innovation Index (GII), India was ranked 39th among 133 global economies, highlighting its leadership in the Central and Southern Asian region.

  • The Global Innovation Index is published annually by the World Intellectual Property Organization (WIPO), in collaboration with other organizations like Cornell University and INSEAD.

  • The index evaluates countries based on their innovation capabilities, including factors like R&D, infrastructure, market sophistication, and knowledge and technology outputs.

Information Booster:
  • India's ranking has steadily improved over the years, showing strong performance in areas like knowledge-based services, ICT services, and human capital.

  • The Global Innovation Index (GII) helps countries and businesses measure and benchmark their innovation performance.

  • India has emerged as a global leader in innovation in the Central and Southern Asia region.

Additional Information:
  • Option A – World Bank: While the World Bank plays a key role in global development and economic data, it does not publish the Global Innovation Index.

  • Option B – World Economic Forum: Known for its Global Competitiveness Report, not the GII.

  • Option C – International Monetary Fund (IMF): Focuses on global economic stability and monetary policies, not the Global Innovation Index.

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