Instructions

Given is information relating to cost of starting a business and number of days required for specific business activities in select countries. Answer the questions on the basis of the data in the following figure. The data labels for the bars are placed above them, while the same for the line graph are placed in boxes. Legend for the bars is given in the order of left bar to the right bar.


Question 16

If countries were ranked according to the number of days required to start a business, (with the country requiring least number of days being rank highest), which of the top three countries would have the least cost to per capita income ratio?

Solution

The countries are ranked according to the number of days required to start a business.
The ranking of the countries is as follows.
Paraguay, United Kingdom, Chile, Tanzania, United Arab Emirates, Georgia, Nigeria.
Top three countries cost to per capita income ratio of Paraguay, United Kingdom, Chile is 2.6, 4.1, 35.8 respectively.
Among these three countries, Paraguay has the least cost to per capita income ratio.
C is the correct answer.


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