HPCL Signed Agreement with NLDS to Integrate its API with ULIP

Current Context: Hindustan Petroleum Corporation Limited (HPCL) signed an agreement with NICDC Logistics Data Services Ltd. (NLDS) on December 16, 2024.
This agreement focuses on integrating HPCL's Application Programming Interfaces (APIs) with the Unified Logistics Interface Platform (ULIP).

Key objectives and benefits of this integration:

• Enhanced Transparency: Provides real-time visibility into HPCL's fuel station locations, availability, and pricing, which can be accessed by users through the ULIP.
• Operational Efficiency: Streamlines logistics operations by allowing seamless data exchange between HPCL and various stakeholders in the logistics chain.
• Innovation: Fosters innovative solutions in the logistics sector by leveraging data insights from HPCL's fuel stations, contributing to more efficient route planning and fuel management.

This collaboration aims to improve India's logistics infrastructure, making it more efficient and user-friendly by ensuring that critical information is easily accessible through a unified platform.

Question:

1. What is the primary platform involved in the agreement between Hindustan Petroleum Corporation Limited (HPCL) and NICDC Logistics Data Services Ltd. (NLDS)?

• A) Digital India Platform
• B) Unified Logistics Interface Platform (ULIP)
• C) Bharat Logistics Hub
• D) Smart India Logistics Network

Answer: B)The integration focuses on linking HPCL's APIs with the Unified Logistics Interface Platform (ULIP) to enhance logistics operations and transparency.