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Which among the following countries ranked the highest on the "Ease of Doing Business" Index in 2021?
Question

Which among the following countries ranked the highest on the "Ease of Doing Business" Index in 2021?

A.

China

B.

New Zealand

C.

Portugal

D.

India

Correct option is B

The correct answer is: (B) New Zealand

Explanation:

  • In the World Bank's Ease of Doing Business Index 2020, New Zealand was ranked 1st, indicating it had the most business-friendly regulations among 190 economies.

Information Booster:

  • New Zealand consistently topped the Ease of Doing Business rankings in the years leading up to 2020, reflecting its efficient regulatory environment.

Additional Information:

  • (A) China: Ranked 31st in the Ease of Doing Business Index 2020.

  • (C) Portugal: Ranked 39th in the Ease of Doing Business Index 2020.

  • (D) India: Ranked 63rd in the Ease of Doing Business Index 2020.

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