Drydocks World, the partner in the new joint venture, is a company of which group?
- A.DP World
- B.Maersk
- C.Adani Ports
- D.PSA International
Correct answer
Explanation
The correct answer is DP World. The release introduces Drydocks World as a DP World company in its opening line and records that its Chief Executive Officer, Captain Rado Antolovic, signed the joint venture agreement with Cochin Shipyard. The presence of the UAE Assistant Foreign Minister for Advanced Science and Technology at the signing, and the Minister's remarks about the maritime relationship between India and the UAE, both point to the same Emirati connection. Options B, C and D are wrong because none of those groups appears anywhere in the account of the agreement, although each is a well known name in ports and shipping and so makes a plausible distractor. Fix in memory the triad of names for this story: Cochin Shipyard, Drydocks World and the parent DP World.
Read the full article: Cochin Shipyard and Drydocks World Form 50:50 Ship Repair JV
Practice Questions
What is the shareholding pattern of the new Cochin Shipyard and Drydocks World joint venture?
- A.51:49 in favour of Cochin Shipyard
- B.50:50
- C.74:26 in favour of Drydocks World
- D.60:40 in favour of Cochin Shipyard
Show answer
The release says both Drydocks World and Cochin Shipyard will each hold half of the joint venture, with the initial capital funded through equity contributions from both parties, and it describes the arrangement as a first-of-its-kind public-private partnership in India's ship repair sector.
Read the full explanation →The joint venture will operate and expand which facility?
- A.The International Ship Repair Facility at Cochin
- B.The Vadhavan port project
- C.The National Maritime Heritage Complex at Lothal
- D.The shipbuilding cluster at Kandla
Show answer
The agreement is specifically for operating, consolidating and expanding that facility, which the release says is strategically placed along major international shipping routes and has a state-of-the-art ship lift system along with modern docking facilities.
Read the full explanation →What was the theme of the 14th India Chem 2026 held in Mumbai?
- A.Advantage Bharat: An Emerging Global Chemicals Hub
- B.Chemicals for a Viksit Bharat
- C.Green Chemistry, Green Growth
- D.Make in India, Mix in India
Show answer
The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.
Read the full explanation →Which of the following is NOT one of India's three operational Petroleum, Chemicals and Petrochemicals Investment Regions?
- A.Dahej in Gujarat
- B.Paradeep in Odisha
- C.Visakhapatnam-Kakinada in Andhra Pradesh
- D.Haldia in West Bengal
Show answer
India has three operational PCPIRs: Dahej in Gujarat, Visakhapatnam-Kakinada in Andhra Pradesh and Paradeep in Odisha. Haldia is not among them, so option D is the exception.
Read the full explanation →What is the total financial outlay of the BHAVYA Rasayan scheme for dedicated chemical parks?
- A.Rs 1,000 crore
- B.Rs 3,030 crore
- C.Rs 5,000 crore
- D.Rs 30,000 crore
Show answer
The Bharat Audyogik Vikas Yojana Rasayan scheme, approved in July 2026, carries that total outlay, of which Rs 3,000 crore is earmarked for common infrastructure and basic utilities and Rs 30 crore for administrative expenditure.
Read the full explanation →