Recently World Economics Forum's Global Competitiveness Report 2013 was released. Consider the following statement in this respect
1. India has slipped to 60th position in terms of its competitiveness globally, while Switzerland has retained its top rank.
2. " Corruption " ranks top in the "most problematic factor for doing business" in India.
3. This is India's lowest ever rank and also 21 places below its peer emerging market China.
4. The Global Competitiveness Index is calculated on the basis of 12 pillars. The First pillar is "Innovation" and the last pillar is "Institution"
Which of the above statements are incorrect.
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