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India secured the ____________ rank on Global Innovation Index 2020.
Question

India secured the ____________ rank on Global Innovation Index 2020.

A.

71st

B.

50th

C.

15th

D.

48th

Correct option is D

The correct answer is (d) 48th

Explanation:

In the Global Innovation Index (GII) 2020, India secured the 48th rank among 131 economies, marking a significant improvement in its innovation ecosystem.​

Information Booster:

Global Innovation Index:

  • The Global Innovation Index (GII) is an annual ranking published by the World Intellectual Property Organization (WIPO) that evaluates the innovation capabilities of world economies.
  • In the 2024 edition, India has achieved a significant milestone by securing the 39th position among 133 global economies, reflecting its commitment to fostering a robust innovation ecosystem.

Key Highlights of India's Performance in GII 2024:

  • Regional Leadership: India continues to lead the Central and Southern Asia region, moving up one spot to the 39th position globally.
  • Income Group Ranking: India ranks 1st among the 38 lower-middle-income group economies, showcasing its innovation prowess relative to its economic peers.
  • Top Rankings in Specific Indicators:
    • Knowledge and Technology Outputs: 22nd
    • Creative Outputs: 43rd
    • Institutions: 54th
    • Business Sophistication: 58th

These rankings highlight India's strengths in various dimensions of innovation.

About the World Intellectual Property Organization (WIPO):

  • Establishment: 1967
  • Membership: 193 member states
  • Director General: Daren Tang
  • Headquarters: Geneva, Switzerland

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