Question

What is the significance of the memorandum of understanding (MoU) signed between the Inland Waterways Authority of India (IWAI) and Amazon?

A To establish a new water transport authority in India Correct Answer Incorrect Answer
B To promote cargo movement and transportation of products via inland waterways Correct Answer Incorrect Answer
C To improve road and rail transport in India Correct Answer Incorrect Answer
D To develop a new water transport technology Correct Answer Incorrect Answer
E To create a new water transport network in the Ganga river Correct Answer Incorrect Answer

Solution

The MoU between IWAI and Amazon aims to promote cargo movement and transportation of customer shipments and products via inland waterways, specifically the river Ganga (National Waterway 1). This collaboration aims to optimize logistics, reduce environmental footprints, and promote economic development through efficient water transport.

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