The Logistics Performance Index (LPI) primarily evaluates a country's effectiveness in facilitating:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Trade and Transport Logistics.
The Logistics Performance Index (LPI), released by the World Bank, measures the ease of moving goods across borders and the quality of a country's trade-related infrastructure. It evaluates nations based on six key parameters, including Customs performance, Infrastructure quality, Ease of arranging shipments, Logistics services quality, Consignment tracking and tracing and Timeliness of shipments.
A higher LPI score indicates that a country has streamlined its supply chain, reduced trade costs, and improved its global competitiveness, making it a critical benchmark for international trade efficiency.