Multiple Choice Questions on With regards to the World Governance Indicators WGI consider the following statements World Governan........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With regards to the World Governance Indicators WGI consider the following statements World Governan...........

Economic Affairs World Bank and IMF
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    With regards to the World Governance Indicators (WGI) consider the following statements

    1. World Governance Indicators (WGI) is released by the World Economic Forum.
    2. Environmental performance is a criterion taken into account under WGI.

    Select the correct statement.

    1 only

    Incorrect Answer

    2 only

    Incorrect Answer

    Both

    Incorrect Answer

    None

    Correct Answer
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    Explanation:

    Both statements are incorrect.

    • The World Governance Index plays a key role in deciding the sovereign credit rating of any nation.
    • The World Governance Indicators (WGI) is released by the World Bank.
    • World Governance Indicators are based on the following set of criteria:
    • Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, Control of Corruption.

    Hence option 4th is correct.

    By: Shubham Tiwari
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