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Current Affairs July > Economy > Flashcards

Economy Flashcards

1
Q

No. of Indian ports have made it to the Global Top 100 Container Port Performance Index (CPPI) (2023) for the first
time.

A

9

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2
Q

Ranked 1st globally,and
is noted for
its high efficiency and
advanced automation

A

Yangshan in china

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3
Q

Securing the 2nd
position, this port is
known for its strategic
location and
operational excellence

A

Port of Salalah,
Oman

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4
Q

Ranked 3rd, and
is a major logistical
hub in the Caribbean
region.

A

Port of Cartagena,
Colombia

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5
Q

CONTAINER PORT PERFORMANCE INDEX (CPPI) is a collaborative effort by the

A

World Bank and
S&P Global Market Intelligence

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6
Q

When was the Sagarmala – Sagartat Samridhi Yojana
launched by the Prime Minister during the release of
“Maritime India Vision 2030”?

A

March 2021

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7
Q

CPPI assesses ____ global container ports

A

405

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8
Q

Which Indian port achieved the highest ranking in the
Global Top 20 of the Container Port Performance Index
(CPPI) for the year 2023?

A

Visakhapatnam Port made a significant leap
in the CPPI rankings for 2023, jumping from 115th
position in 2022 to 19th

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9
Q

Under which act are all Major Ports in India governed?

A

Major Port Trusts Act, 1963

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10
Q

Positioned at 27th, noted for its rapid growth and efficiency in cargo handling

A

Mundra port

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11
Q

Ranked 41st, this port is among the first private sector ports in India and is known for its efficiency

A

Pipavav port

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12
Q

At 47th, this port serves primarily as a cargo terminal near Chennai

A

Kamarajar Port (Ennore)

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13
Q

Ranked 63rd, it is a major port on the southwest coast of India and plays a pivotal role in the maritime
network

A

Cochin Port

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14
Q

Ranked 68th, located in Gujarat, it is a deep-water port and handles bulk and container cargo

A

Hazira Port

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15
Q

Positioned 71st, it’s located in Andhra Pradesh and is one of the fastest-growing private
ports in the region.

A

Krishnapatnam Port

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16
Q

At 80th, it is one of the oldest ports in India and a major hub for cargo traffic in the Bay of Bengal
region

A

Chennai port

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17
Q

Ranked 96th, this port in Maharashtra is the largest container port in
India.

A

Jawaharlal Nehru Port (Nhava Sheva)

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18
Q

SAGARMALA PROGRAMME IMPACT launched in and by

A

2015 by the
Ministry of
Ports, Shipping,
and Waterways ( Sarbananda Sonowal)

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19
Q

This legislation decentralizes decision-making, granting major ports greater
autonomy to improve efficiency and modernize operations. It also allows ports to set tariffs based on market
conditions, creating a more competitive environment. Name the act

A

Major Port Authorities Act,2021, managed by Central Govt

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20
Q

A national master plan that integrates multiple ministries to enhance infrastructure
connectivity, including ports. The programme focuses on improving port connectivity with key production and
consumption centers to reduce logistics costs and boost efficiency.

A

PM Gati Shakti Programme

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21
Q

Which act Updates the regulatory framework for marine navigation aids, advocating
the use of modern technologies to enhance maritime navigation safety and efficiency.

A

Marine Aids to Navigation Act, 2021

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22
Q

Maritime transport handles ____ of India’s trade by volume and 70% by value

A

95%

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22
Q

Bill which Standardizes regulations across states for inland vessel navigation, ensuring smoother
operations nationwide without the need for separate state permissions

A

Inland Vessels Bill, 2021

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23
Q

Global Maritime
Ranking of India

A

16th
globally with a
coastline of
7,516.6 km

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23
Q

As part of Sagarmala initiative, ____new mega ports are planned,
enhancing India’s maritime infrastructure and connectivity

A

6

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23
Q

Under which act are all Minor Ports in India governed?

A

Indian Port Act, 1908, and managed by State
Governments

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23
Q

: The Ministry of Shipping was renamed as___ and when

A

Ministry of Ports, Shipping, and Waterways in
November 2020

23
Q

Which Bill Enhances transparency in port tariffs and updates penalties.
Empowers the Maritime States Development Council (MSDC) for integrated planning

A

Indian Ports Bill 2023

24
Q

Which yard has the world’s largest recycling capacity

A

Alang Ship Breaking Yard in Gujarat

24
Q

Which policy Supports Indian shipyards under the Make in India initiative
until March 2026

A

Shipbuilding Financial Assistance Policy (SBFAP)

24
Q

India’s Ports
Sector Growth:

A

783.50 million
tonnes handled
by major ports in
FY23

25
Q

The Financial Stability Report (FSR) is a biannual report by the

A

RBI

26
Q

Financial Stability and Development Council (FSDC) was established by whom and when

A

Government of India in December 2010, under
the chairmanship of the Union Finance Minister

27
Q

A sub-committee of the FSDC, chaired by the

A

Governor of RBI

28
Q

The current chairman of the Financial Stability and Development Council (FSDC) as of 2020

A

Smt. Nirmala Sitharaman

29
Q

What is the projected global growth rate for 2024
according to the World Bank?

A

2.6%

30
Q

How many times a year is the Financial Stability Report
published by the Reserve Bank of India (RBI)?

A

2

31
Q

What was the primary focus of the meeting between
India’s Union Minister for Agriculture & Farmers
Welfare and Rural Development, Shivraj Singh Chouhan,
and Malaysia’s Minister of Plantations and
Commodities, Datuk Seri Johari Abdul Ghani?

A

Oil Palm Sector and Digital
Agriculture Technologies

32
Q

Which initiative did India and Malaysia collaborate on
to enhance oil palm cultivation and productivity?

A

National Mission on Edible Oil – Oil
Palm

33
Q

What percentage of the global palm oil production is
accounted for by Indonesia and Malaysia combined?

A

Over 85%

34
Q

Where did the discussions between the Indian and
Malaysian ministers take place?

A

Krishi Bhawan, New Delhi

35
Q

Which certification promotes sustainable practices in
palm oil production?

A

Roundtable on Sustainable Palm Oil
(RSPO) certification

36
Q

Palm oil is derived from the fruit of the oil palm tree called

A

Elaeis guineensis native to West Africa especially in Malaysia and Indonesia,
which are the world’s leading producers

37
Q

India’s Union Minister for
Agriculture & Farmers Welfare and Rural Development

A

Shivraj Singh Chouhan

38
Q

Malaysia’s Minister
of Plantations and Commodities.

A

Datuk Seri Johari Abdul Ghani

39
Q

Where was the ‘Sahkar se Samriddhi’ program
celebrated on the occasion of the 102nd International
Day of Cooperatives?

A

Gandhinagar

40
Q

What is the theme for the year 2024 in the ‘Sahkar se
Samriddhi’ program?

A

Cooperatives Building a Better Future for All

the announcement will concide with the 102nd International Day of Cooperatives at the ‘Sahkar Se Samriddhi’

41
Q

In which year was the National Cooperative
Development Corporation (NCDC) founded?

A

1963

42
Q

What scheme will be launched during the ‘Sahkar se
Samriddhi’ conference to provide 50% assistance on the
purchase of nano-fertilizer by farmers?

A

AGR-2 Scheme, scheme will provide 50% assistance on the purchase of
nano-fertilizer by farmers

43
Q

Amul (Anand Milk Union Limited) was found in and initiated by whom ?

A

1946 , initiated by Dr. Verghese Kurien and Tribhuvandas
Patel.

44
Q

What is the full form of KRIBHCO?

A

Krishak Bharati Cooperative Limited

45
Q

Where is Amul based and managed by whom ?

A

Based in Anand, Gujarat, it is managed by the Gujarat
Cooperative Milk Marketing Federation Ltd. (GCMMF).

46
Q

Article that emphasizes the “promotion of cooperative societies.”

A

Article 43B was incorporated into the Directive Principles of State
Policy (Part IV)

46
Q

Which amendment introduced a new Part IXB, situated
immediately after Part IXA (Municipalities), concerning Cooperatives Operating in India.

A

Constitution (97th Amendment) Act of 2011

47
Q

the term “cooperatives” was
included after “unions and associations.” in which Article

A

Article 19(1)(c) of Part III of the Constitution

47
Q

Ministry of Co-operation was officially
established in

A

July 2021

48
Q

the ministry is headed by whom and by whose assistance

A

The Ministry is headed by Shri Amit Shah, Hon’ble Minister for
Cooperation and assisted by Shri Krishan Pal and Shri Murlidhar Mohol,
Hon’ble Ministers of State for Cooperation.

49
Q

The cooperative movement in India started with the enactment which Act

A

Cooperative Societies Act in 1904

50
Q

were instrumental in promoting the cooperative
movement based on their observations of successful cooperative models in Europe

A

Sir Frederick Nicholson, a British cooperative expert, and Sir Edward Law, the Finance
Member of the Government of India

51
Q

National Cooperative Development Corporation (NCDC): Founded in

A

1963

52
Q

This committee highlighted the need to
strengthen the cooperative credit delivery system to extend more support to farmers.

A

1979 - All India Rural Credit Review Committee

53
Q

Self-Employed Women’s Association (SEWA) founded in

A

1972

53
Q

were
established to ensure the supply of high-quality fertilizers at reasonable prices to farmers

A

The Indian Farmers Fertiliser Cooperative Limited
(IFFCO) in 1967 and Krishak Bharati Cooperative Limited (KRIBHCO) in 1980

54
Q

By ___, every Panchayat in India is expected to
have its own PACS.

A

2029

55
Q
A
56
Q
A

Current Affairs July (6 decks)

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