Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

The Deepening and Optimization of Inner Harbour Facilities project shall also facilitate

A De-congestion of the Port
B Reduce Sea freight making coal imports cheaper
C Boost the industrial economy in the hinterland of the port leading to creation of job opportunities
D All of these
Answer & Explanation
Option: All of these

Explanation:

The Cabinet Committee on Economic Affairs has approved the project 'Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port'. The project shall also facilitate (i) de-congestion of the Port, (ii) reduce Sea freight making coal imports cheaper, and (iii) boost the industrial economy in the hinterland of the port leading to creation of job opportunities.
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