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FIRST-IN-NEWS First in India

Sagar Defence to Build India's First Autonomous Maritime Shipbuilding Centre

Sagar Defence Engineering Pvt. Ltd. has started constructing India's first Autonomous Maritime Shipbuilding and Systems Centre in the Nellore district of Andhra Pradesh.
The facility at Juvvaladinne Fishing Harbour will focus on the end-to-end design and manufacturing of unmanned maritime vessels.
Impact: This move marks a significant step toward self-reliance in cutting-edge naval technology and autonomous defense systems under 'Atmanirbhar Bharat'.
Perspective: For aspirants, this represents the shifting landscape of naval warfare and the increasing role of private sector startups in high-tech defense manufacturing.

Key Facts / Static GK

Sagar Defence Engineering HQ: Mumbai
Nellore District State: Andhra Pradesh
Major Port in AP: Visakhapatnam Port

Q Practice Quiz — 18 March 2026

1. What is the total amount of penalty imposed by the RBI on Manappuram Finance for violating KMP compensation guidelines?

A ₹1.50 lakh
B ₹2.10 lakh
C ₹2.70 lakh
D ₹3.00 lakh
E ₹5.00 lakh

Explanation: The RBI imposed a monetary penalty of ₹2.70 lakh on Manappuram Finance for non-compliance with Key Managerial Personnel (KMP) compensation guidelines regarding pay deferral, malus, and clawback provisions.

2. Regarding the World Bank's Clean Air programs for UP and Haryana, which of the following statements is correct?

A Both states received an identical amount of $300 million.
B The Haryana project involves a Special Purpose Vehicle (SPV) named ARJUN.
C The loan tenure for Uttar Pradesh is longer than that for Haryana.
D The programs are exclusively funded by the World Bank without any additional international support.
E The focus of the UP program is limited only to the industrial sector.

Explanation: As part of the Haryana Clean Air Project, the state government has set up ARJUN (a Special Purpose Vehicle) for coordination and monitoring. Statement A is wrong (UP got $299.66m), C is wrong (Haryana tenure is longer), and D is wrong (Additional support from UK and Switzerland exists).

3. The ₹100-crore Integrated Aqua Park launched by the Union Minister is located in which district of Jammu and Kashmir?

A Srinagar
B Jammu
C Anantnag
D Baramulla
E Pulwama

Explanation: Union Minister Rajiv Ranjan Singh launched the ₹100 crore Integrated Aqua Park in Anantnag, Jammu and Kashmir, during the NCCWF conference.

4. Which of the following is NOT one of the six metro cities included in the Phase 1 launch of the '24 Speed Post' service?

A Bengaluru
B Hyderabad
C Pune
D Kolkata
E Chennai

Explanation: The six metro cities covered in Phase 1 are New Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad. Pune is not part of this list.

5. What is the primary export target set for the newly launched Special Economic Zone (SEZ) IT Park in Puducherry?

A ₹1,250 crore
B ₹5,000 crore
C ₹7,500 crore
D ₹10,000 crore
E ₹15,000 crore

Explanation: The SEZ IT Park in Puducherry has been established with a specific export target of ₹10,000 crore.

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