Consider the following statements with reference to SMILE Program: 1. Recently, India and ADB signed a $350 million loan to support logistics sector reforms under SMILE. 2. It aims to improve India’s logistics system with better interministerial coordination and private participation. 3. It also focuses on enhancing trade logistics efficiency and encouraging smart, automated systems. Which of the above statements is/are correct?
1, 2 and 3
Why in the News?
"India and ADB Sign $350 Million Loan to Strengthen Multimodal Logistics Ecosystem under SMILE Program”
Statement 1: correct
India and the Asian Development Bank (ADB) have signed a $350 million loan under the SMILE program. This policy-based loan aims to support comprehensive logistics sector reforms in India, enhancing efficiency and promoting private sector participation in multimodal logistics.
Statement 2: correct
The SMILE program aims to improve India’s logistics infrastructure by fostering better interministerial coordination and planning. It encourages private sector involvement in multimodal logistics projects, which are vital for modernizing and streamlining the logistics ecosystem in India.
Statement 3: correct
SMILE focuses on boosting the efficiency of external trade logistics in India. It encourages the adoption of smart and automated systems, which will enhance service delivery, reduce costs, and make the logistics sector more competitive globally.
Similar Questions
Consider the following statements regarding the International Financial Services Centre (IFSC):
- The first IFSC in India has been set up at the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar.
- They are intended to provide Indian corporates with easier access to global financial markets and promote further development of financial markets in India.
- It consists of more than ten members, appointed by the central government.
How many of the statements given above are correct?
Regarding the ‘Prerana: An Experiential Learning program’, consider the following statements:
- The program aims to integrate principles of the Indian education system and the philosophy of value-based education.
- The program runs from a Vernacular School situated in Vadnagar, Gujarat.
- It is an initiative of the Ministry of Culture and implemented by Navodaya Vidyalaya Samiti.
How many of the statements given above are correct?
Sometimes seen in the news, PRAVAAH portal has been launched by:
Consider the following statements Regarding the National Bank for Agriculture and Rural Development (NABARD):
- It is a statutory body established in 1982 under the National Bank for Agriculture and Rural Development Act, 1981.
- It is regulated by the Small Industries Development Bank of India (SIDBI).
- Its affairs are governed by a Board of Directors appointed by the Government of India in accordance with the NABARD Act.
How many of the statements given above are correct?
Consider the following statements regarding PM Garib Kalyan Anna Yojana scheme:
- It was launched by the government in 2020 as a response to the COVID-19 pandemic
- The Ministry of Health and Family Welfare is responsible for implementing the scheme
- The scheme encompasses the distribution of 5 kg of free food grains each month.
How many of the statements given above are correct?
Consider the following statements about the National Commission for Scheduled Castes:
- It is a statutory body that works to safeguard the interests of the SCs in India.
- The Commission is also required to discharge similar functions with regard to the Anglo-Indian Community as it does with respect to the SCs.
Which of the above statements is/are correct?
Consider the following statements about Volcano:
- It is an opening in the earth’s core through which lava is emitted outward in the course of an eruption
- Volcanic activity is considered an exogenic process.
Which of the above statements is/are correct?
Which of the following is NOT a primary objective of the Internet Governance Internship and Capacity Building (IGICB) Scheme?
Under which policy has the Diamond Imprest Authorization (DIA) Scheme been introduced?
Consider the following statements with reference to PM SHRI Scheme (PM ScHools for Rising India):
1. Student enrolment has increased significantly in PM SHRI Schools in states like Manipur and Tripura.
2. The scheme is fully funded by the Central Government.
3. The scheme is primarily focused on improving infrastructure in existing schools.
Which of the above statements is/are correct?
Important Questions from Government Policies and Schemes
Which of the following statements about ‘SHRESHTA’ scheme, launched recently by the Government of India, is/are correct?
1. This scheme is for residential education for students in high school in targeted areas.
2. It provides for high quality education for meritorious but poor Scheduled Caste students.
Select the correct answer using the code given below.
On 14 th January, 2022, which one of the following ministries has organized a global Surya Namaskar Demonstration programme?
Bharatmala Pariyojana is related to
Which of the following statements about Krishi Kalyan Cess (KKC) is/are correct?
1) KKC is calculated in the same way as Service Tax is calculated.
2) The current rate of KKC is 0.50%
3) KKC is similar to the KKS (Krishi Kalayn Surcharge)
Select the correct answer using the code given below:Which of the following is/are the component/components of the Integrated Power Development Scheme launched by the Government of India recently?
1. Strengthening of sub-transmission and distribution networks in the urban areas
2. Metering of distribution transformers/feeders/consumers in the rural areas
Select the correct answer using the code given below:
