Economy Flashcards
No. of Indian ports have made it to the Global Top 100 Container Port Performance Index (CPPI) (2023) for the first
time.
9
Ranked 1st globally,and
is noted for
its high efficiency and
advanced automation
Yangshan in china
Securing the 2nd
position, this port is
known for its strategic
location and
operational excellence
Port of Salalah,
Oman
Ranked 3rd, and
is a major logistical
hub in the Caribbean
region.
Port of Cartagena,
Colombia
CONTAINER PORT PERFORMANCE INDEX (CPPI) is a collaborative effort by the
World Bank and
S&P Global Market Intelligence
When was the Sagarmala – Sagartat Samridhi Yojana
launched by the Prime Minister during the release of
“Maritime India Vision 2030”?
March 2021
CPPI assesses ____ global container ports
405
Which Indian port achieved the highest ranking in the
Global Top 20 of the Container Port Performance Index
(CPPI) for the year 2023?
Visakhapatnam Port made a significant leap
in the CPPI rankings for 2023, jumping from 115th
position in 2022 to 19th
Under which act are all Major Ports in India governed?
Major Port Trusts Act, 1963
Positioned at 27th, noted for its rapid growth and efficiency in cargo handling
Mundra port
Ranked 41st, this port is among the first private sector ports in India and is known for its efficiency
Pipavav port
At 47th, this port serves primarily as a cargo terminal near Chennai
Kamarajar Port (Ennore)
Ranked 63rd, it is a major port on the southwest coast of India and plays a pivotal role in the maritime
network
Cochin Port
Ranked 68th, located in Gujarat, it is a deep-water port and handles bulk and container cargo
Hazira Port
Positioned 71st, it’s located in Andhra Pradesh and is one of the fastest-growing private
ports in the region.
Krishnapatnam Port
At 80th, it is one of the oldest ports in India and a major hub for cargo traffic in the Bay of Bengal
region
Chennai port
Ranked 96th, this port in Maharashtra is the largest container port in
India.
Jawaharlal Nehru Port (Nhava Sheva)
SAGARMALA PROGRAMME IMPACT launched in and by
2015 by the
Ministry of
Ports, Shipping,
and Waterways ( Sarbananda Sonowal)
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
Major Port Authorities Act,2021, managed by Central Govt
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.
PM Gati Shakti Programme
Which act Updates the regulatory framework for marine navigation aids, advocating
the use of modern technologies to enhance maritime navigation safety and efficiency.
Marine Aids to Navigation Act, 2021
Maritime transport handles ____ of India’s trade by volume and 70% by value
95%
Bill which Standardizes regulations across states for inland vessel navigation, ensuring smoother
operations nationwide without the need for separate state permissions
Inland Vessels Bill, 2021
Global Maritime
Ranking of India
16th
globally with a
coastline of
7,516.6 km
As part of Sagarmala initiative, ____new mega ports are planned,
enhancing India’s maritime infrastructure and connectivity
6
Under which act are all Minor Ports in India governed?
Indian Port Act, 1908, and managed by State
Governments
: The Ministry of Shipping was renamed as___ and when
Ministry of Ports, Shipping, and Waterways in
November 2020
Which Bill Enhances transparency in port tariffs and updates penalties.
Empowers the Maritime States Development Council (MSDC) for integrated planning
Indian Ports Bill 2023
Which yard has the world’s largest recycling capacity
Alang Ship Breaking Yard in Gujarat
Which policy Supports Indian shipyards under the Make in India initiative
until March 2026
Shipbuilding Financial Assistance Policy (SBFAP)
India’s Ports
Sector Growth:
783.50 million
tonnes handled
by major ports in
FY23
The Financial Stability Report (FSR) is a biannual report by the
RBI
Financial Stability and Development Council (FSDC) was established by whom and when
Government of India in December 2010, under
the chairmanship of the Union Finance Minister
A sub-committee of the FSDC, chaired by the
Governor of RBI
The current chairman of the Financial Stability and Development Council (FSDC) as of 2020
Smt. Nirmala Sitharaman
What is the projected global growth rate for 2024
according to the World Bank?
2.6%
How many times a year is the Financial Stability Report
published by the Reserve Bank of India (RBI)?
2
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?
Oil Palm Sector and Digital
Agriculture Technologies
Which initiative did India and Malaysia collaborate on
to enhance oil palm cultivation and productivity?
National Mission on Edible Oil – Oil
Palm
What percentage of the global palm oil production is
accounted for by Indonesia and Malaysia combined?
Over 85%
Where did the discussions between the Indian and
Malaysian ministers take place?
Krishi Bhawan, New Delhi
Which certification promotes sustainable practices in
palm oil production?
Roundtable on Sustainable Palm Oil
(RSPO) certification
Palm oil is derived from the fruit of the oil palm tree called
Elaeis guineensis native to West Africa especially in Malaysia and Indonesia,
which are the world’s leading producers
India’s Union Minister for
Agriculture & Farmers Welfare and Rural Development
Shivraj Singh Chouhan
Malaysia’s Minister
of Plantations and Commodities.
Datuk Seri Johari Abdul Ghani
Where was the ‘Sahkar se Samriddhi’ program
celebrated on the occasion of the 102nd International
Day of Cooperatives?
Gandhinagar
What is the theme for the year 2024 in the ‘Sahkar se
Samriddhi’ program?
Cooperatives Building a Better Future for All
the announcement will concide with the 102nd International Day of Cooperatives at the ‘Sahkar Se Samriddhi’
In which year was the National Cooperative
Development Corporation (NCDC) founded?
1963
What scheme will be launched during the ‘Sahkar se
Samriddhi’ conference to provide 50% assistance on the
purchase of nano-fertilizer by farmers?
AGR-2 Scheme, scheme will provide 50% assistance on the purchase of
nano-fertilizer by farmers
Amul (Anand Milk Union Limited) was found in and initiated by whom ?
1946 , initiated by Dr. Verghese Kurien and Tribhuvandas
Patel.
What is the full form of KRIBHCO?
Krishak Bharati Cooperative Limited
Where is Amul based and managed by whom ?
Based in Anand, Gujarat, it is managed by the Gujarat
Cooperative Milk Marketing Federation Ltd. (GCMMF).
Article that emphasizes the “promotion of cooperative societies.”
Article 43B was incorporated into the Directive Principles of State
Policy (Part IV)
Which amendment introduced a new Part IXB, situated
immediately after Part IXA (Municipalities), concerning Cooperatives Operating in India.
Constitution (97th Amendment) Act of 2011
the term “cooperatives” was
included after “unions and associations.” in which Article
Article 19(1)(c) of Part III of the Constitution
Ministry of Co-operation was officially
established in
July 2021
the ministry is headed by whom and by whose assistance
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.
The cooperative movement in India started with the enactment which Act
Cooperative Societies Act in 1904
were instrumental in promoting the cooperative
movement based on their observations of successful cooperative models in Europe
Sir Frederick Nicholson, a British cooperative expert, and Sir Edward Law, the Finance
Member of the Government of India
National Cooperative Development Corporation (NCDC): Founded in
1963
This committee highlighted the need to
strengthen the cooperative credit delivery system to extend more support to farmers.
1979 - All India Rural Credit Review Committee
Self-Employed Women’s Association (SEWA) founded in
1972
were
established to ensure the supply of high-quality fertilizers at reasonable prices to farmers
The Indian Farmers Fertiliser Cooperative Limited
(IFFCO) in 1967 and Krishak Bharati Cooperative Limited (KRIBHCO) in 1980
By ___, every Panchayat in India is expected to
have its own PACS.
2029
