Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q24: Scenario: Under the "Coastal Cargo Promotion Scheme" announced in Budget 2026-27, a logistics company plans to shift its cement transport from road to coastal shipping. What is the government's stated long-term quantitative target for coastal shipping's share in the modal mix by 2047?

A
10%
B
12%
C
15%
D
20%
✅ Correct Answer: B
The target is to increase the share of inland and coastal shipping to 12% by 2047.
The Union Budget 2026-27 emphasizes this shift under the Maritime India Vision.
The scheme provides Viability Gap Funding (VGF) to shippers who shift cargo to waterways, which are significantly cheaper and greener than road transport.