IMD's World Competitiveness Index is an annual report published by a Swiss-based organization, International Institute for Management Development (IMD) on the competitiveness of nations. It benchmarks the performance of 63 nations on the basis of 340 criteria, which measures different facets of competitiveness. Competitiveness or company competition refers to the firm’s ability or performance in a given sub-sector or country to sell and supply goods as well as services in a given market in relation to the other firm. It involves strategies and decisions that a girl takes to grab the market store from another firm. According to the Director of the IMD World Competitiveness Centre, “The benefit of small economics in the current crisis comes from their ability to fight a pandemic and from their economic competitiveness. In part, these may be fed by the fact it is easy to find social consensus”.
1. Who is the Director IMD World Competitiveness Centre?
A. Jean-Francis Manzoni
B. Michael Demare
C. Arturo Bris
D. None of these
2. Reasons behind Singapore’s strong economic performance were-...
A. Robust International Trade and Investment
B. Good Employment and Labour Market
C. Both of these
D. Stable Education System
3. Country securing 2nd Ranking...
A. Denmark
B. Switzerland
C. USA
D. Singapore
4. The reason behind UAEs fall from 5th to 9th rank is ....
A. Social Turmoil
B. Poor Employment
C. Oil crisis
D. All of these
5. The World Competitiveness Yearbook was first published in the year ...
A. 1985
B. 1989
C. 1975
D. 1986
6. Among the BRICS nations, India’s rank was ....
A. 1
B. 3
C. 2
D. 4
7. Ranking of India in the competitiveness index is ...
A. 43
B. 44
C. 45
D. 47
8. The main reason for the USA set back in securing the position was ...
A. Poor Employment
B. Trade war
C. Oil crisis
D. None of these
9. Weaknesses of India were ....
A. Poor infrastructure
B. Insufficient education
C. Both of these
D. Trade wars
10. IMD is located in ...
A. Basel
B. Geneva
C. Lucerne
D. Lausanne
11. IMD was established in the year ....
A. 1990
B. 1992
C. 1994
D. 1996
12. CEDA stands for ....
A. Economic Development Congress for Australia
B. Currency Exchange and Development Authority
C. Committee for Ecological Development of Australia.
D. Committee for Economic Development of Australia
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