Multiple Choice Questions on Which Country topped the IMD World Competitiveness Ranking 2019 ........ for UPSC EPFO Exam Preparation

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Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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    Which Country topped the IMD World Competitiveness Ranking 2019?

    US

    Incorrect Answer

    Singapore

    Incorrect Answer

    Switzerland

    Correct Answer

    Russia

    Incorrect Answer
    Explanation:

    Swiss-based International Institute for Management Development (IMD) World Competitiveness Ranking 2019 said Singapore has dethroned the US to become the most competitive economy in the world. Hong Kong stands second spot in the list. USA stands third followed by Switzerland and UAE and fourth and fifth respectively. Qatar entered the top 10. India ranked 43, one position higher compared to 2018.


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