Q1. Which of these is NOT a parameter in the Ease of Doing Business ( EoDB ) index?
- (a) Starting a business
- (b) Getting electricity
- (c) Military spending
- (d) Paying taxes
Answer & solution
Answer: (c) Military spending
The Ease of Doing Business ( EoDB ) index, published by the World Bank, measures the regulatory environment for businesses. Its parameters include: Starting a business, Dealing with construction permits, Getting electricity, Registering property, Getting credit, Protecting minority investors, Paying taxes, Trading across borders, Enforcing contracts, and Resolving insolvency.
Military spending is a national security/defence expenditure metric and is NOT part of the EoDB index.
Starting a business, Getting electricity, and Paying taxes are all standard EoDB parameters.