CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ULIP hackathon-LogiXtics is organised by whom?
A
NICDC Logistics Data Bank Services Limited
B
Reserve Bank of India
C
National Industrial Corridor Development Corporation
D
Atal Innovation Mission
Explanation: 

Detailed explanation-1: -NITI Aayog and Atal Innovation Mission have organized the ULIP Hackathon – LogiXtics is and is supported by National Industrial Corridor Development Corporation (NICDC) and NICDC Logistics Data Bank Services Limited (NLDSL).

Detailed explanation-2: -Context: According to the PIB press release dated 20 December 2021, the Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) Hackathon - ‘LogiXtics’ to discover several ideas that will benefit the logistics industry.

Detailed explanation-3: -In May, when Niti Ayog organised the first ULIP (Unified Logistics Interface Platform) LogiXtics Hackathon, FreightFox emerged as the winner.

Detailed explanation-4: -Department for Promotion of Industry and Internal Trade (DPIIT) launched the Unified Logistics Interface Platform’s (ULIP) Hackathon called ‘LogiXtics’ for crowdsourcing more ideas for the benefit of logistics industry.

Detailed explanation-5: -Unified Logistics Interface Platform (ULIP) is designed to enhance efficiency and reduce the cost of logistics in India by creating a transparent, one window platform that can provide real-time information to all stakeholders.

There is 1 question to complete.