Cochin Shipyard Limited signs MoU with GoI

Q.  Cochin Shipyard Limited has signed an MoU with which government for the financial year 2016-2017?
- Published on 28 Jul 16

a. Central
b. Karnataka
c. Kerala
d. Tamil Nadu

ANSWER: Central
 
Cochin Shipyard Limited has signed a Memorandum of Understanding with the Government of India for the financial year 2016-2017.
  • MoU comprises performance evaluation parameters and targets for Cochin shipyard for the coming year.
  • MoU will be reviewed by the Shipping Ministry on a regular basis and the performance of the PSU will be evaluated as per certain criteria towards the close of the financial year.

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