Which institution was described as India’s first dedicated maritime NBFC in the 23 October 2026 release?
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Introduction Maritime economy | Ports, shipbuilding and coastal logistics require long-term finance. Explanation The institution is Sagarmala Finance Corporation Limited, or SMFCL. Its corporate office was inaugurated in New Delhi on 23 October. The release reported ₹11,563 crore sanctioned and ₹5,107 crore disbursed as of 30 September 2026, with a cumulative disbursement ambition of ₹60,205 crore by FY2031. Sanction is approval of finance; disbursement is the amount released. Therefore, the sanctioned sum should not be reported as money already paid out. Important Notes SMFCL: maritime NBFC. Disbursed: ₹5,107 crore as of 30 September. FY2031 ambition: ₹60,205 crore. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2327664
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Every date of October 2026 has its own page under this topic. Open the date you want and you will get exam-style MCQs with answers and short explanations.
SSC CGL and CHSL, Banking exams like IBPS and SBI, RRB, State PSC and UPSC prelims. Exams held in 2027 usually ask current affairs from the previous six to eight months, so October 2026 is important.
Yes. Every question, option and explanation is given in both Hindi and English, so you can practise in the language of your exam.
Solve one date a day and mark the questions you get wrong. Go back to those on the weekend. At the end of the month, one quick round of all the wrong answers is usually enough.