Bharat Maritime Insurance Pool Gets Rs 13,906.50 Crore Capacity

The correct answer is Rs 13,906.50 crore, which is roughly USD 1.5 billion. This is the total value of risk the pool is able to write, and it makes the pool the first domestic maritime insurance arrangement of that size in India. Option B, Rs 12,980 crore, is the tempting distractor because that figure does belong to the scheme, but it is the sovereign guarantee the government has extended to stand behind the pool, not the underwriting capacity itself; the two numbers are deliberately different, with the guarantee a little smaller than the capacity. Option A, Rs 9,500 crore, and option D, Rs 20,000 crore, are simply invented amounts and appear nowhere in the description of the pool. Aspirants should remember the pair together: capacity Rs 13,906.50 crore, guarantee Rs 12,980 crore.

The correct answer is the General Insurance Corporation of India, better known as GIC Re, which has taken charge as Pool Manager and Administrator and handles the pool's day-to-day running, its performance reporting and its operational systems. Option D, New India Assurance, is the strongest distractor: it is a member insurer that actually issued several of the early policies, including the first hull and machinery war policy and the first protection and indemnity policy, but issuing policies is not the same as administering the pool. Option B, the Life Insurance Corporation of India, deals in life insurance and has no role in marine risk. Option C, the Insurance Regulatory and Development Authority of India, is the sector's regulator and does not administer individual pools. Two other structures matter here as well: a Governing Body supervises the pool and an Underwriting Committee evaluates the risks it accepts.

The correct answer is USD 100 million. Claims up to that level are met from the pool's accumulated reserves together with its reinsurance recoveries, and the government's guarantee is activated only once those reserves have been completely used up. This layered design is the point of the structure: ordinary losses are absorbed commercially, and the sovereign backing is kept as a last resort so that dependence on it stays minimal. Option D, USD 1.5 billion, is the pool's total underwriting capacity rather than the claim threshold, which makes it a plausible trap. Option A, USD 50 million, and option C, USD 500 million, are invented figures. Candidates should link three numbers in memory: the claim threshold met from reserves, the sovereign guarantee behind the pool, and the overall capacity the pool can write.

The correct answer is 1,668 million metric tonnes, the cargo moved through India's ports during 2025-26, and the figure is expected to keep climbing as trade expands. India works 12 major ports and 217 non-major ports, so the total covers both categories together. Options A, B and D, at 950, 1,200 and 2,400 million metric tonnes, are invented volumes and none of them belongs to the port sector's record for that year. Around this figure sit several other numbers worth memorising: a coastline of 11,098 kilometres, an exclusive economic zone of 2.4 million square kilometres, inland waterways of more than 14,500 kilometres, livelihoods for over 30 million people, and an Indian-flag fleet of 1,609 ships with 14.33 million gross tonnage in mid-2026.