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

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.