Q. Consider the following statements:
1.Maldives has the best customs efficiency in the world.
2.World Bank’s Ease of Doing Business was based on the idea that less regulation is always better.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation –

Statement 1 is incorrect. Singapore has the best customs efficiency in the world.

Statement 2 is correct. World Bank’s Ease of Doing Business was based on the idea that less regulation is always better. This index has been discontinued by the World Bank.

Source: ForumIAS