The Logistics Performance Index (LPI) is published by which international organization?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. World Bank.
The Logistics Performance Index (LPI) is published by the World Bank. It is an important global report that measures the logistics efficiency of different countries. The index evaluates factors such as customs performance, quality of transport infrastructure, ease of arranging shipments, tracking facilities, and timely delivery of goods.
Governments and businesses use the LPI to understand how effectively supply chains and trade systems are functioning. A higher ranking in the index reflects better transportation networks and smoother trade operations. The report helps countries identify weaknesses in logistics and improve international trade competitiveness. The World Bank releases this index periodically to support global economic growth and better connectivity among nations.