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The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts. Courses of Action: I. India should use financial assistance from other international financial organisations to develop such ports in other places. II. India should not seek such financial assistance from the international financial agencies.

The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts. Courses of Action: I. India should use financial assistance from other international financial organisations to develop such ports in other places. II. India should not seek such financial assistance from the international financial agencies. Correct Answer Only I follows

Clearly, such projects shall be an asset and a source of income to the country later on. So, course I shall follow.

Related Questions

Statement : The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts.

Courses of Action :
I. India should use financial assistance from other international financial organisations to develop such ports in other places.
II. India should not seek such financial assistance from the international financial agencies.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
The Government has decided not to provide financial support to voluntary organisations from next Five Year Plan and has communicated that all such organisations should raise funds to meet their financial needs. Courses of Action: I. Voluntary organisations should collaborate with foreign agencies. II. They should explore other sources of financial support.
Statement : The Government has decided not to provide financial support to voluntary organisations from next Five Year Plan and has communicated that all such organisations should raise funds to meet their financial needs.

Courses of Action :
I. Voluntary organisations should collaborate with foreign agencies.
II. They should explore other sources of financial support.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: Soon you would not need to carry original copies of all vehicle papers like driving licence, vehicle registration certificate, insurance, pollution certificate or the permits issued to commercial vehicles with you. According to a ToI report, the Centre plans to amend Motor Vehicles Rules to make it legal for any citizen to carry digital vehicle documents and simultaneously making it compulsory for traffic police to accept digital version of documents. This means that you would not have to carry physical papers in your vehicle as digital copies of the certificates would be valid.  Courses of action: I. The ministry has proposed installation of FASTags on the front windscreens. FASTag is a device that uses radio frequency identification (RFID) technology for making toll payments directly from the user account.  II. To avail the facility, one has to store all the vehicle documents on the government's cloud-based service DigiLocker and when asked he/she can simply display the stored certificates on a smartphone or any other digital devices. These digital copies can be shared with other departments as identity and address proof.  III. The government has increased the maximum load carrying capacity of heavy vehicles, including trucks, by 20-25 per cent besides scrapping the mandatory annual renewal of fitness certificates for freight carriers. Fitness certificates for trucks would now be renewed in every two years not annually.  Which of the following course/courses of action can be said to be said to be a rudimentary course/courses of action?
In the question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested course of action logically follow(s) for pursuing. Statement: XYZ Ltd, a footwear company, has been rejected a term loan by ABC Bank as the bank required additional guarantee. Courses of Action: I. XYZ Ltd should furnish additional guarantee to ABC Bank. II. XYZ Ltd should apply for the loan in some other bank which does not require an additional guarantee.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Former RBI chief Raghuram Rajan has dissected the banking crisis in his recent analysis of non-performing assets (NPAs). He implies that cronyism is an important cause. Rajan says one reason for NPAs was over-optimism after the initial success of public-private partnerships (PPPs) in infrastructure during 2006-08, leading to explosive expansion without due diligence. Second, slower GDP growth after 2008 meant that traffic and industrial demand were far less than projected. This was exacerbated by delays in land acquisition, and non-availability of gas and coal for power plants.  Courses of action: I. Rajan says he sent a list of prominent bank fraud cases to the PMO, but heard nothing more about it. This has led to accusations that cronyism has been the root cause of record NPAs. That is simply wrong.  II. Besides, bond buyers - mutual funds, pension funds, insurance companies - will be decimated if bond defaults are as common as bank NPAs, and the human and economic impact may be just as bad.  III. Banks should not be forced to get into project finance at all, let alone on a grand scale. They grew for decades through working capital and retail lending. They had no ability to judge project costs or risks. But they jumped in, often on political orders or pressures. 
In the question below, are given a passage followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: The high-speed rail network in the Mumbai- Ahmedabad Bullet train project is estimated to cost Rs 1.1 lakh crore including the purchase of 24 train sets, interest during construction and import duties. Japan is funding 81% of the total project cost, through a loan, at 0.1% interest. They are also the nation entrusted with constructing the network and Bullet trains. Courses of action: I. India must take more such loans from Japan for infrastructure development across the country. II. India should not spend such huge sums of money in such Infrastructure projects in future as we should tackle issues like Poverty instead. III. Every effort should be made to ensure Technology transfer from Japan so that we can become self-reliant for future projects.
In the question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested course of action logically follow(s) for pursuing. Statement: Reserve Bank of India has observed many discrepancies in the transactions of State Bank of India. Courses of Action: I: Reserve Bank should ask for the transaction details from other banks. II: Reserve Bank should hold the future transactions of State Bank of India till it explains the past discrepancies.
Read the given statement and courses of action carefully. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. Assuming that the information given in the statement is true, decide which of the given courses of action logically follow(s) from the statement. Statement: Some serious and substantial mistakes were found in the financial account statements of a private limited company. Courses of Action: I: A team of experts should be assigned to find the root cause of the mistakes in the accounts of the private limited company and suggest remedial action II: All the involved employees should be thoroughly investigated.