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
Correct answer
Explanation
The correct answer is 50:50. 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. Options A, C and D are all wrong because no unequal split of any kind is mentioned; the equal holding is in fact the point the release stresses, since it makes both partners equally responsible for the facility at Cochin. Candidates often assume a majority stake for the Indian public sector partner in such ventures, which is exactly the assumption this question tests. Note as well that the venture will operate, consolidate and expand the International Ship Repair Facility rather than build a new yard from scratch.
Read the full article: Cochin Shipyard and Drydocks World Form 50:50 Ship Repair JV
Practice Questions
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
Show answer
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.
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.
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