Question

    What is the targeted maritime trade deficit reduction under

    the government’s Export Promotion Mission?
    A $20 billion Correct Answer Incorrect Answer
    B $30 billion Correct Answer Incorrect Answer
    C $40 billion Correct Answer Incorrect Answer
    D $50 billion Correct Answer Incorrect Answer
    E $60 billion Correct Answer Incorrect Answer

    Solution

    The Indian government plans to reduce the maritime trade deficit by $50 billion through initiatives like revamping shipbuilding policies and a ₹25,000 crore Maritime Development Fund.

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