According to World Bank's logistics index, Pakistan stands at__________ position out of 160 economies?
Correct answer: C. 68th
- A. 66th
- B. 64th
- C. 68th
- D. 70th
Explanation
In the World Bank's 2016 Logistics Performance Index, Pakistan ranked 68th out of 160 economies. The nearby rankings in the options are a common trap when recalling the index table.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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