Registered with – Reserve Bank of India (RBI) as an NBFC.
Aligned with – Maritime Amrit Kaal Vision 2047.
About Sagarmala Finance Corporation Limited (SFCL)
Type – Mini Ratna Category-I CPSE, under MoPSW.
Functioning as – A dedicated NBFC for India’s maritime sector financing.
Headquarters – New Delhi.
About Non-Banking Financial Company (NBFC)
Regulated by – Reserve Bank of India (RBI)
Under – the RBI Act, 1934
Cannot accept demand deposits.
Provide financial services – such as loans, asset financing, and investments.
Do not form part of the payment and settlement system (cannot issue cheques)
Jagannath Rath Yatra
News – Jagannath Rath Yatra 2025.
What It Is – Iconic chariot festival of Lord Jagannath, Balabhadra, and Subhadra.
Date – June 27, 2025 (Begins)
When – Begins on Ashadha Shukla Dwitiya (June–July), lasts 9 days.
Location – Puri, Odisha.
Yatra Path From – Jagannath Temple to Gundicha Temple, Puri, Odisha (3 km
Ritual – King of Puri performs Chhera Pahacha (golden broom sweeping) symbolizing humility.
Origin – Dates back to 12th century CE (Jagannath Temple by King Anantavarman Chodaganga Deva)
Devotee Role – Chariots are pulled by devotees with ropes – seen as a sacred act.
MCQs
Q1. What type of missile is the K-6?
A) Air-to-Air Missile B) Surface-to-Air Missile C) Submarine-Launched Ballistic Missile (SLBM) D) Anti-Tank Guided Missile
Q2. Where was the 21st Steering Committee meeting of Project Elephant held?
A) Bengaluru B) New Delhi C) Dehradun D) Bhubaneswar
Q3. Who has been appointed as the next President of AIIB?
A) Kristalina Georgieva B) Jin Liqun C) Zou Jiayi D) Wang Yi
Q4. What is Sagarmala Finance Corporation Limited (SFCL)?
A) A maritime training institute B) India’s first maritime sector NBFC C) An export promotion agency D) A private shipbuilding firm
Q5. What is the route of the Rath Yatra in Puri?
A) From Lingaraj Temple to Konark Temple B) From Gundicha Temple to Jagannath Temple C) From Jagannath Temple to Gundicha Temple D) From Jagannath Temple to Sun Temple