Question: A Memorandum of Understanding was signed between department of Defense Production and Goa Shipyard Limited for the financial year 2017-18. What percent of ‘Revenue from Operations’ has been set as export target?
(a) 24 percent
(b) 28 percent
(c) 30 percent
(d) 35 percent
Answer- (b)
Related facts:
- On July 18, 2017, a Memorandum of Understanding was signed between the Defense Production Department and Goa Shipyard Limited (GSL), a miniratna Defence Public Sector Undertaking (DPSU) for the financial year 2017-18.
- ‘Revenue from Operations’ target under this MoU has been set at 1150 crore.
- This target is 43 percent higher than the financial year 2016-17 target of 800 crore.
- Export target has been set at 28 percent of ‘Revenue from Operations’, which is highest among DPSU Shipyards.
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=168586
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=66111