Consider the following statements : 1. According to IFC/World Bank Doing Business Report, 2009 India is the most difficult country to enforce contracts in a court or otherwise. 2. According to the UNIDO Report, 2009 in the Competitive Industrial Performan

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Q: 22 (CAPF/2009)
Consider the following statements :
1. According to IFC/World Bank Doing Business Report, 2009 India is the most difficult country to enforce contracts in a court or otherwise.
2. According to the UNIDO Report, 2009 in the Competitive Industrial Performance Index India is ahead of China.
Which of the statements given above is/are correct ?

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,21,35,21,6,22,7

keywords: 

{'competitive industrial performance index india': [0, 0, 1, 0], 'contracts': [0, 0, 1, 1], 'india': [8, 1, 7, 13], 'china': [1, 0, 1, 2], 'world bank doing business report': [0, 0, 1, 0], 'difficult country': [0, 0, 1, 0], 'court': [11, 1, 18, 32]}

The correct answer is option 1: "1 only".

Statement 1 states that according to the IFC/World Bank Doing Business Report, 2009, India is the most difficult country to enforce contracts in a court or otherwise. This statement implies that India has challenges when it comes to the enforcement of contracts, making it difficult for businesses and individuals to resolve contractual disputes.

Statement 2, on the other hand, claims that according to the UNIDO Report, 2009, in the Competitive Industrial Performance Index, India is ahead of China. However, this statement is not mentioned or supported by any data in the question, so it cannot be assumed to be correct.

Therefore, only statement 1 is correct based on the given information. There is no conclusive evidence to support or refute statement 2.