Exams › IBPS PO › General Awareness
AI logistics startup: reduces fuel, improves delivery speed, enhances workforce productivity. Within 3 months: several subscribers and major investor funding. Most possible reason for rapid success?
- The software helped reduce fuel and time costs significantly for courier partners.
- The company offered affordable subscription plans for small and medium courier firms.
- All the above features collectively made the product commercially viable and scalable.
- It filled a market gap where traditional logistics systems lacked automation.
Correct answer: All the above features collectively made the product commercially viable and scalable.
Solution
The startup's rapid success stems from multiple advantages working together: cost savings for partners, automation filling a market gap, and commercial viability attracting investors. No single factor alone explains the 3-month subscriber surge and major funding. 'All the above collectively' is the most comprehensive and accurate explanation.
Related IBPS PO General Awareness questions
- Rooftop solar power growth has demonstrated an overall positive trend, but this will need to be scaled up massively to achieve the national target. Assumption: (I) With ongoing improvements to solar cell efficiency and battery technology, rooftops will only become more attractive in the future. (II) Major solar projects that connect to the grid often face the challenge of land acquisition and transmission connectivity. (III) A survey helps determine usable rooftops, separating them from green spaces, and analyses the quality of the solar resource. Which assumption follows?
- Statement: Floods have wreaked great havoc on the coasts of City A. There has been a great loss of life and property in City A. The people in the city are grieving. There are people stranded in their homes with floodwater surrounding them from all sides, with no food supply or freshwater. An epidemic has broken out across the city because of the foul floodwater and no medical attention. The people have been crying for aid and support in the city. Course of Actions: I. The military drops food packages and freshwater to the stranded people from choppers. II. NGOs rally to collect monetary funds and other kinds of aid for the flood victims.
- Statement: Should trade unions be completely banned? Arguments: I. Yes. Workers can focus on production. II. No. It is the only way through which employees can put forward their demands to the management. III. Yes. Employees get their illegal demands fulfilled through these unions. IV. No. In other economically advanced countries, trade unions are not banned.
- Statement: In 2016, the Government of India put a ban on all Rs. 500 and 1000 notes in an effort to curtail the shadow economy and impede the use of illegal and fake currency that funds illegal activities and terrorism. Arguments: I. This was the best way to tackle corruption and to stop the use of counterfeit cash. II. Demonetisation looks like a bad idea, badly executed on the basis of some half-baked notions.
- Kapil has twelve years of typing experience behind him; therefore, if you are looking for an efficient typist to enter your data into the new system, you need look no further. The speaker assumes that:
- Passage: There is a much-anticipated plan to build three parks across three major locations in the city, mainly focused on younger children's physical and mental development, bearing the slogan 'Learn and Play' through games and exercise. There will also be a nominal fee charged for every adult who enters the park. Which of the following, if true, will most weaken the committee's plan of building these children's parks?
⚔️ Practice IBPS PO General Awareness free + battle 1v1 →