Question

Q. Logistics Performance Index often seen in news is released by which of the following?

• A. World Bank
• B. World Economic Forum
• C. International Transport Forum
• D. UNCTAD

Answer 1

The correct option is A World Bank

Explanation:

• The Logistics Performance Index (LPI) is published by the World Bank. It conducts the LPI Survey every two years.
• It helps countries to identify the challenges and opportunities in their trade logistics performance by measuring the logistics friendliness.
• It combines data on six core performance components into a single aggregate measure: Customs, infrastructure, international shipment, logistics quality and competence, tracking and tracing, timeliness.