61. In International North-South Transport Corridor (INSTC) makes big news with respect to India’s foreign policy;consider the following statements in this regard:
i. INSTC is the ship, rail, and road route for moving freight.
ii. India, Russia and Iran are the members of INSTC.
Iii INSTC is established to promote transportation cooperation among the members
Select the correct answer using the codes given below.
61. In International North-South Transport Corridor (INSTC) makes big news with respect to India’s foreign policy;consider the following statements in this regard:
i. INSTC is the ship, rail, and road route for moving freight.
ii. India, Russia and Iran are the members of INSTC.
Iii INSTC is established to promote transportation cooperation among the members
Select the correct answer using the codes given below.
The correct option is D d) i ii and iii only
Ans61. D
Explanation:
• The International North–South Transport Corridor (INSTC) is a multi-modal connectivity project establishes transport networks (ship, rail, and road route) for moving freight between India, Russia, Iran, Europe and Central Asia.
• INSTC would enhance accessibility to the land locked central Asian nations.
• It is a not a new concept. This ancient route was used by European, Indian and many other foreign traders to reach out to the Central Asian markets. During the time of the Safavid dynasty, it is estimated that around 10,000 Indian traders were spread across the empire. (Safavids were one of the most significant ruling dynasties of Persia (modern Iran) from 1501 to 1736.)
• The current INSTC project was initiated by Russia, India and Iran in September 2000 in St. Petersburg.
• The modern day INSTC is a multi-modal transportation route linking Indian Ocean and Persian Gulf to the Caspian Sea via Iran, and then onwards to northern Europe via St. Petersburg in Russia.
• The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road. The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali and etc.
Ans61. D
Explanation:
• The International North–South Transport Corridor (INSTC) is a multi-modal connectivity project establishes transport networks (ship, rail, and road route) for moving freight between India, Russia, Iran, Europe and Central Asia.
• INSTC would enhance accessibility to the land locked central Asian nations.
• It is a not a new concept. This ancient route was used by European, Indian and many other foreign traders to reach out to the Central Asian markets. During the time of the Safavid dynasty, it is estimated that around 10,000 Indian traders were spread across the empire. (Safavids were one of the most significant ruling dynasties of Persia (modern Iran) from 1501 to 1736.)
• The current INSTC project was initiated by Russia, India and Iran in September 2000 in St. Petersburg.
• The modern day INSTC is a multi-modal transportation route linking Indian Ocean and Persian Gulf to the Caspian Sea via Iran, and then onwards to northern Europe via St. Petersburg in Russia.
• The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road. The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali and etc.
