​What was the rank of India in the list of world's most competitive economies in the IMD World Competitiveness Rankings 2019?​

Correct option is C

Sol: The correct answer is (c) 43rd

Key Points:

• ​In the IMD World Competitiveness Rankings for 2019, India was ranked 43rd among the world's most competitive economies.
• This represented an improvement of one position from the previous year, attributed to factors such as growth in real GDP and enhancements in business legislation
  

Information booster:

IMD World Competitiveness Rankings:

• ​The IMD World Competitiveness Rankings assess the competitiveness of various economies based on a comprehensive methodology that includes statistical data and surveys from business executives. The rankings are published annually in the IMD World Competitiveness Yearbook, which has been released since 1989.
  
• ​The rankings use around 340 competitiveness criteria that encompass economic performance, government efficiency, business efficiency, and infrastructure. These criteria are regularly updated to reflect changes in the global economy and business environment
  
• Note- The latest available rankings indicate that Singapore is currently ranked as the most competitive economy globally, followed by Switzerland and Denmark. These rankings highlight ongoing trends where small, advanced economies often dominate the top positions due to their effective management of resources and policies