Current Affairs · Government Initiatives & Financial Institutions
Consider the following statements regarding the Sagarmala Development Company Limited (SDCL) / proposed financial entities for maritime funding: I. Steps have been taken to set up a dedicated maritime non-banking financial company (NBFC) to provide specialized funding to the shipping and port sectors. II. Sagarmala initiatives focus on port-led development across coastal states to boost logistics efficiency. III. Maritime financial corporations are barred from funding private sector infrastructure or MSME shipyard projects. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II, and III
- 2I and III only
- 3II and III only
- 4I and II only✓
Correct answer
I and II only
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