CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India in World Bank ranking in the global logistics performance 2016
A
34th
B
23rd
C
19th
D
7th
Explanation: 

Detailed explanation-1: -The World Bank has recently released a Logistics Performance Index (LPI) 2016 report titled “Connecting to Complete 2016”. The Logistics Performance Index Report is published by World Bank every two years. India has now been ranked 35 amongst 160 countries compared to rank of 54 in LPI 2014.

Detailed explanation-2: -In the 2014 report, India had a LPI score of 3.08, which increased to 3.42 in 2016. For the third time, Germany with 4.23 points tops the ranking, followed by Luxembourg (4.22), Sweden (4.20), Netherlands (4.19) and Singapore (4.14).

Detailed explanation-3: -The Logistics Performance Index (LPI) is an interactive benchmarking tool created by the World Bank to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.

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