Multiple Choice Questions on India rsquo s first Maritime Arbitration Centre is being set up in which city of the country ........ for NABARD Assistant Manager Exam Preparation

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Multiple Choice Questions

India rsquo s first Maritime Arbitration Centre is being set up in which city of the country ........

Current GK (NABARD) Indian Economy
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    India’s first Maritime Arbitration Centre is being set up in which city of the country ?

    Pune

    Incorrect Answer

    Bengaluru

    Incorrect Answer

    Chennai

    Incorrect Answer

    Gandhinagar

    Correct Answer
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    Explanation:
    • The Gujarat Maritime University has signed a Memorandum of Understanding (MoU) with the International Financial Services Centres Authority (IFSCA) in GIFT City to set up the Gujarat International Maritime Arbitration Centre (GIMAC).
    • GIMAC will be the first of its kind centre in India to manage arbitration and mediation proceedings for disputes related to the maritime and shipping sector.

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