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An index is a statistical measurement that is used in the fields of statistics, economics, and finance to determine the degree of change in a representative collection of individual data points. These data may be obtained from a wide variety of sources, such as the performance of the company, prices, levels of productivity, and employment levels. Various economic indices monitor the state of the economy from a variety of angles.
Indices from around the world and India’s position in 2022
Both the Global Indices and India’s Rankings are representations of a country’s performance based on a variety of metrics, including social, economic, and political indicators. India’s Rankings are particularly noteworthy.
This article provides a rundown of India’s current standing in each of the 26 Global Indices up until November 2021. When the most recent reports from international organisations are published in 2021, India’s position in global indices will be revised to reflect the new information.
In the Global Indices Ranking 2019-2021, India has received a variety of scores, including but not limited to the following:
The Global Kids Right Index 2021 places India at number 112 out of 182, which is an improvement of one spot from its previous ranking.
On the annual World Competitiveness Index that is prepared by the Institute for Management Development, India remained at the 43rd spot year after year (IMD).
When compared to its ranking in 2019, India has advanced to a higher position on the Index of Cancer Preparedness for 2020.
Candidates who are getting ready to take forthcoming government examinations such as the UPSC or bank exams, among others, may find this material helpful for the current events component of the exam.
In the course of their preparation for the IAS Exam, aspirants will find this article to be of great use.
Why is it so essential to cover this material before the exams
During the 2014 UPSC CSE Prelims, the following question was asked:
Which of the following institutions is responsible for publishing the quarterly report referred to as the “World Economic Outlook”?
(a) The World Bank (b) The United Nations Development Programme (c) The World Economic Forum (d) The International Monetary Fund
Index of Children’s Exposure to Climate Risk
The United Nations Children’s Fund (UNICEF), in conjunction with Fridays for Future, has issued this statement.
‘The Climate Crisis Is a Child Rights Crisis: Introducing the Children’s Climate Risk Index’ is the name of the report.
Concerning the Index:
This is the first ever thorough study of the risks posed by climate change from the viewpoint of children.
It rates countries based on children’s exposure to climate and environmental shocks, such as cyclones and heatwaves, as well as their sensitivity to those shocks, depending on their access to critical services. These factors are taken into consideration when determining the rankings.
Children in Pakistan (ranked 14th), Bangladesh (15th), Afghanistan (25th), and India (ranked 26th) are at an exceptionally high risk as a result of the repercussions of the climate catastrophe. Pakistan ranks 14th out of the 26 countries in South Asia.
Conclusion
The GDP Deflator Index, often known as real GDP, is a metric that estimates the level of prices of completely new, domestically manufactured, and finished products and services in a country. [2] The labour market index/job index and private stock market index investment instruments are both examples of market performance indices. These investment products are offered by brokerage firms.
