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EconomyMedium

Which country reaffirmed support for India's bid to win European Union recognition for its ship-recycling yards?

  1. A.South Korea
  2. B.Cyprus
  3. C.Greece
  4. D.Malta

Correct answer

B. Cyprus

Explanation

The correct answer is Cyprus. Its Shipping Deputy Minister, Marina Hadjimanolis, met the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, at Busan and repeated her country's backing for India's effort to secure European Union recognition for eligible Indian ship-recycling facilities. Option A is a tempting distractor, because the meetings took place in Busan in South Korea and much of the day was spent with Korean shipbuilders, equipment makers, shipping lines and financiers, but the recycling assurance came from the Cypriot side. Option C is incorrect, as no such assurance from Greece was reported in these talks. Option D is wrong as well. Ms Hadjimanolis also said about 25 leading Cypriot companies are expected to visit India in November to explore partnerships in shipping, ship management and maritime technology.

Read the full article: Sonowal in Busan: Cyprus Backs India's Ship Recycling Bid

Q2.EconomyHard

The proposed India Ship Technology Center is intended to serve as a national platform for which of the following?

  1. A.Ship design, research, testing and training
  2. B.Registration of foreign-flagged vessels
  3. C.Auctioning of port concessions
  4. D.Marine insurance and claims settlement
Show answer
Correct answer: A. Ship design, research, testing and training

During the meeting with the President of the Korea Marine Equipment Research Institute, the minister described the centre as a national platform for exactly these functions, adding that testing and certification carried out within India, with Korean technical expertise, would help Indian-made marine equipment meet international standards and prepare Indian…