World Banks 2016 Logistics Performance Index (LPI) report titled Connecting to Complete 2016., that was released by which Organisation

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

World Bank’s 2016 Logistics Performance Index (LPI) report titled ‘Connecting to Complete 2016’., that was released by which Organisation

A	World Bank
B	Reserve Bank of India
C	ADB
D	None of these

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: -Explanation: The Logistics Performance Index (LPI) is published by the World Bank. It conducts the LPI Survey every two years.

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.

Detailed explanation-4: -Description the Logistics Performance Index (LPI) Customs; efficiency of the customs clearance process. 2. Infrastructure; quality of trade and transport-related infrastructure. 3. International Shipments; ease of arranging competitively priced shipments.

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