Question

    What is the primary goal of the Maritime Development Fund (MDF)?

    A Boosting foreign shipbuilding contracts Correct Answer Incorrect Answer
    B Promoting domestic shipbuilding Correct Answer Incorrect Answer
    C Enhancing private equity investments in shipbuilding Correct Answer Incorrect Answer
    D Reducing shipping costs Correct Answer Incorrect Answer
    E Increasing global market share of ports Correct Answer Incorrect Answer

    Solution

    The Maritime Development Fund aims to boost domestic shipbuilding to reduce India's dependence on foreign ships.

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