Explanation:

Recent Context: The World Bank Group is implementing a new corporate flagship, B-READY, to measure the business and investment climates in 180 economies worldwide annually. • Business Ready (B-Ready) Project o Objective: It assess the business and investment climate in up to 180 economies in a transparent and fair way o Criteria: Business Entry, Business Location, Utility Services, Labor, Financial Services, International Trade, Taxation, Dispute Resolution, Market Competition, and Business Insolvency o Approach: Reflects a more balanced and transparent approach towards evaluating a country’s business and investment climate than earlier approach. o Initially it Covers 54 economies in Asia, Latin America, Europe, the Middle East and Sub-Saharan Africa, in the first year and expected to scale up to 180 economies by 2025-26. • Hence option (b) is the correct answer.