As per the Index of Economic Freedom 2014, which among the following is the country / territory with highest economic freedom?
[A]Hong Kong
[B]Switzerland
[C]Singapore
[D]Australia
Ans-The Index of Economic Freedom is an annual index and ranking created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world’s nation. The Index of Economic Freedom rates 186 countries in 10 categories of economic performance such as rule of law, regulatory efficiency, limited government and open markets. Hong Kong and Singapore finished first and second in the ranking for the 20th straight year. The Index ranks India 120th globally and 25th among 43 countries in the Asia-Pacific region.
[A]Hong Kong
[B]Switzerland
[C]Singapore
[D]Australia
Ans-The Index of Economic Freedom is an annual index and ranking created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world’s nation. The Index of Economic Freedom rates 186 countries in 10 categories of economic performance such as rule of law, regulatory efficiency, limited government and open markets. Hong Kong and Singapore finished first and second in the ranking for the 20th straight year. The Index ranks India 120th globally and 25th among 43 countries in the Asia-Pacific region.
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