How to solve Iift 2013 Question 16?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2013 Question 16

This is a detailed step-by-step solution for Iift 2013 Question 16. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

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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