Maritime Finance Institution Launched in June 2025
The question asks to identify a significant new financial institution launched in June 2025, specifically designed to support India's maritime economy.
Based on the options provided, the correct institution is Sagarmala Finance Corporation Ltd.
Key Details
- Institution: Sagarmala Finance Corporation Ltd.
- Launch Date: June 2025 (as per question context)
- Purpose: To finance projects and support the development of India's maritime economy.
This corporation is intended to channel financial support towards port modernization, coastal shipping, island development, and related infrastructure projects, thereby strengthening India's maritime capabilities.
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