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Recently in June Union Cabinet approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. _______________.
  • a)
    Rs 1500 Cr
  • b)
    Rs 1305 Cr
  • c)
    Rs 200 Cr
  • d)
    Rs 1000 Cr
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Recently in June Union Cabinet approved the proposal for the developm...
  • Union Cabinet has approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. 1305 crore, to be completed within 48 months.
  • The project is being implemented by Dholera International Airport Company Limited (DIACL), which is a Joint Venture Company comprising the Airports Authority of India (AAI), the Government of Gujarat (GoG), and the National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of 51:33:16.
  • Dholera Airport is to get Passenger and Cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub to serve the industrial region.
  • This Airport will also cater to the nearby region and serve as a second airport to Ahmedabad.
  • The New Greenfield Airport at Dholera is situated at an aerial distance of 80 Km from Ahmedabad, Airport. The Airport is planned for operationalization from the year 2025-26.
  • It is a joint venture company that is owned in the proportions of 51:33:16 by the Airports Authority of India (AAI), the Government of Gujarat (GoG), and the National Industrial Corridor Development and Implementation Trust (NICDIT).
  • The government has given in-principle approval for the setting up of 21 Greenfield Airports across India.
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Read the following passage carefully and answer the questions given below it.The International Monetary Fund (IMF) remains bullish on India’s growth potential and has retained its GDP forecast for the country at 6.7 per cent in 2017 and 7.4 per cent in 2018.In its World Economic Outlook Update, it also estimated that the Indian economy would grow by 7.8 per cent in 2019, which make the country the world’s fastest-growing economy in 2018 and 2019, the top ranking it briefly lost in 2017 to China.“The aggregate growth forecast for the emerging markets and developing economies for 2018 and 2019 is unchanged… Growth is expected to…pick up in India…,” said the report, which was released ahead of the World Economic Forum meeting in Davos.The projection is in line with official estimates from the Central Statistics Office, which pegged GDP growth at 6.5 per cent this fiscal.The Washington DC-based agency had in October 2017 lowered India’s growth forecast reflecting “lingering disruptions associated with the currency exchange initiative introduced in November 2016, as well as transition costs related to the launch of the national goods and services tax.”In April, the IMF had pegged India’s GDP growth at 7.2 per cent for 2017 and at 7.7 per cent in 2018.In contrast, China’s growth is expected to slow down from 6.8 per cent in 2017 to 6.6 per cent in 2018 and further to 6.4 per cent in 2019.The IMF is, however, more bullish about the global economy and has scaled up its forecast for world output to 3.9 per cent each in 2018 and 2019, which is 0.2 percentage points higher than its estimate in October.For 2017, it has raised its estimate for global growth by 0.1 percentage points to 3.7 per cent.“The revision reflects increased global growth momentum and the expected impact of the recently-approved US tax policy changes,” it said.The US tax policy changes are expected to stimulate activity, with the short-term impact in the US mostly driven by the investment response to the corporate income tax cuts, said the IMF.It has significantly raised the growth forecast for the US to 2.3 per cent in 2017, 2.7 per cent in 2018 and 2.5 per cent next year.Q. Which of the following support the conclusion in the report’s statement “Growth is expected to…pick up in India”.A. India briefly lost to China in 2017B. World output has increasedC. global growth momentum and the expected impact of the recently-approved US tax policy changesD. GDP forecast was 6.7 per cent in 2017 and 7.4 per cent in 2018 and 7.8 percent in 2019.E. All of the above.

Recently in June Union Cabinet approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. _______________.a)Rs 1500 Crb)Rs 1305 Crc)Rs 200 Crd)Rs 1000 Cre)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Recently in June Union Cabinet approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. _______________.a)Rs 1500 Crb)Rs 1305 Crc)Rs 200 Crd)Rs 1000 Cre)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Recently in June Union Cabinet approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. _______________.a)Rs 1500 Crb)Rs 1305 Crc)Rs 200 Crd)Rs 1000 Cre)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently in June Union Cabinet approved the proposal for the development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. _______________.a)Rs 1500 Crb)Rs 1305 Crc)Rs 200 Crd)Rs 1000 Cre)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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