PIB Summaries 15 October 2025
Content Setting Sail India’s Shipbuilding Revival Context and Background Relevance: Why Shipbuilding Matters Sector Status (as of 2024) Key Reform Pillars (Total Outlay: ₹69,725 crore) Pillar 1: Shipbuilding Financial Assistance Scheme (₹24,736 Cr) Impact: Boosts MSMEs, reduces cost asymmetry, and promotes “green ships”. Pillar 2: Maritime Development Fund (₹25,000 Cr) Impact: Mobilizes low-cost capital; aligns […]
Static Quiz 15 October 2025 (Economy)
Q1. With reference to direct and indirect taxes in India, consider the following statements: Which of the statements given above are correct?(a) 1 only(b) 1 and 2 only(c) 2 and 3 only(d) 1, 2, and 3 Correct Answer: (b) 1 and 2 onlyExplanation: Q2. Which of the following is an example of a regressive tax […]