Q. Which institution releases the ‘Business Confidence Index’?
Answer:
CII
Notes: The Confederation of Indian Industries (CII) releases the Business Confidence Index. The index rebounded to its highest reading in almost two years of 67.6 in the October-December quarter from 62.2 in the previous quarter.
As per the report, despite tightening financial conditions and geopolitical tensions, around 73 per cent of the survey respondents expected only a moderate impact of the global slowdown on the Indian economy.