Consider the following about the Logistics Ease across Different States LEADS index that was publish...........

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Consider the following about the Logistics Ease across Different States (LEADS) index that was published recently.

It was published by the World Bank.
It is the regional version of the Logistics Performance Index (LPI) which is a global indicator.
Gujarat topped the index this year.
Regulatory process related to logistics are included in this index.

Select the correct answer using the codes below.

1 and 2 only

3 and 4 only

3 only

1, 3 and 4 only

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Explanation:

LEADS index is a perception-based index of mobility of goods and efficiency of logistics chain. It is a composite indicator to assess international trade logistics across states and Union territories. It is based on a stakeholders’ survey conducted by Deloitte for the ministry of commerce and industry. LEADS is loosely based on the World Bank’s biannual Logistics Performance Index (LPI), on which India was ranked 35 among 160 countries in 2016, up from 54 in 2014. LEADS is based on eight parameters such as infrastructure, services, timeliness, track and trace, competitiveness of pricing, safety of cargo, operating environment and regulatory process.

Statement 3: While Gujarat topped the first-of-its-kind index, Punjab and Andhra Pradesh took the second and third positions, respectively.