With reference to the World Bank's Ease of Doing Business Report, which of the following statements is/are correct? 1) In Ease of Doing Business Report 2020, India's rank is 63. 2) India ranking for Ease of Doing Business in the year 2019 was 77. Select the correct answer using the codes given below:

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CollectorBabu · Accepted Answer

Correct Answer: Both 1 and 2. The Doing Business Report (DB) is an annually published report which was developed by a team led by Djankov in 2003. It has been elaborated by the World Bank Group since 2003 every year that is aimed to measure the costs to firms of business regulations in 190 countries. In the recent World Bank’s ease of doing business 2020 report, India jumped to 63rd position, among 190 nations. India ranking for Ease of Doing Business in The year 2019 was 77.

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