Categories: International

Ease of Doing Business report suspended by World Bank

World Bank has stopped the publication of its “Doing Business” report to probe data collection irregularities in the annual ranking of countries’ business and investment climates. According to World Bank “A number of irregularities have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019”.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

World Bank would conduct a systematic review of data changes in the last five Doing Business reports, and independent auditors will probe data collection and review processes. The last Doing Business report was published in October 2019 in which India was ranked 63rd while New Zealand was on top.

Important takeaways for all competitive exams:

  • President of World Bank: David Malpass.
  • World Bank Headquarters: Washington D.C., United States.
  • World Bank Founded: July 1944.

Find More International News

AddThis Website Tools
Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

India Closes Chenab Water Through Baglihar Dam Gates

In a significant escalation of diplomatic and strategic tensions, India has sharply reduced the downstream…

4 hours ago

SBI Reports Q4 Dip in Profit, Plans ₹25,000 Crore Equity Raise in FY26

India’s largest public sector bank, the State Bank of India (SBI), reported a 10% year-on-year…

4 hours ago

Operation Hawk 2025: CBI Cracks Down on Online Child Sexual Exploitation Networks

The Central Bureau of Investigation (CBI), in collaboration with international agencies, has successfully dismantled cybercrime…

4 hours ago

Complete List of India’s Air Defence Systems: Capabilities, Range & Strategic Importance

India is now among the top five air powers in the world. With a fleet…

4 hours ago

PM Modi Inaugurates Khelo India Youth Games in Bihar

Prime Minister Narendra Modi virtually inaugurated the seventh edition of the Khelo India Youth Games…

5 hours ago

India to Showcase SVAMITVA Scheme at World Bank Land Conference 2025

India is poised to play a crucial role at the 2025 World Bank Land Conference,…

5 hours ago