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Q17 (CAPF/2026) Economy › Economy Current Affairs

Consider the following statements about the Global Innovation Index :
1. It was launched in 2007.
2. India has moved up from 81st rank in 2015 to 38th rank in 2025.
3. India, Bangladesh and Indonesia are the top three innovation economies in the category of Lower Middle Income Group as per the Global Innovation Index Report, 2025.
4. France, Germany and the United States of America are the top three innovation economies in the category of High Income Group as per the Global Innovation Index Report, 2025.
Which of the statements given above are correct?

Result
Your answer: —  ·  Correct: A

Explanation

Based on the Global Innovation Index (GII) 2025 report published by the World Intellectual Property Organization (WIPO):

  • Statement 1 is correct: The GII was first launched in 2007 by INSEAD and World Business magazine.
  • Statement 2 is correct: India has shown a significant rise in innovation, moving from the 81st rank in 2015 to the 38th rank in 2025.
  • Statement 3 is incorrect: In the 2025 report, the top three innovation economies in the Lower Middle Income Group are India (38th), Viet Nam (44th), and the Philippines (50th). Bangladesh is not among the top three.
  • Statement 4 is incorrect: The top three innovation economies in the High Income Group (and overall) are Switzerland, Sweden, and the United States of America. France and Germany rank further down (13th and 11th respectively).

Therefore, only statements 1 and 2 are correct.

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