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What was the rank of India in the annual World Competitiveness Index 2022, released by Institute for Management Development (IMD)?
12th
37th
49th
IMD’s World Competitiveness Index 2022: India ranked 37th; Denmark topped
India has seen the sharpest growth among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index 2022.
The Index has been compiled by the Institute for Management Development (IMD).
Denmark has moved to the top of the 63-nation list from the third position last year, while Switzerland slipped from the top ranking to the second position and Singapore regained the third spot from the fifth.
Others in the top 10 include Sweden at the fourth position, followed by Hong Kong SAR (5th), the Netherlands (6th), Taiwan (7th), Finland (8th), Norway (9th) and the USA (10th).
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Rishabh Kunjam1118
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