Which of the following dimensions are included in the Logistics Performance Index?

Efficiency of the clearance process

Quality of trade and transport related infrastructure

Ease of arranging competitively priced shipments

Ability to track and trace consignments

Choose the correct answer using the codes given below:

Question

The Logistics Performance Index (LPI), developed by the World Bank Group, is an interactive benchmarking tool created 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.
LPI is the weighted average of the country\'s scores on the six key dimensions:
Efficiency of the clearance process
Quality of trade and transport related infrastructure
Ease of arranging competitively priced shipments.
Competence and quality of logistics services
Ability to track and trace consignments.
Timeliness of shipments in reaching destinations within the scheduled or expected delivery time.
India ranked 44^thon the LPI in 2018. As of 2022 no new data has been published.

GKToday Admin · Accepted Answer

1, 2, 3 & 4

The Logistics Performance Index (LPI), developed by the World Bank Group, is an interactive benchmarking tool created 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.
LPI is the weighted average of the country\'s scores on the six key dimensions:
Efficiency of the clearance process
Quality of trade and transport related infrastructure
Ease of arranging competitively priced shipments.
Competence and quality of logistics services
Ability to track and trace consignments.
Timeliness of shipments in reaching destinations within the scheduled or expected delivery time.
India ranked 44^thon the LPI in 2018. As of 2022 no new data has been published.

Current Affairs