Which city became the Indias first special purpose vehicle (SPV) on smart city operation started

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which city became the India’s first special purpose vehicle (SPV) on smart city operation started

A	Kochi
B	Bhubaneswar
C	Lucknow
D	Chennai

Explanation:

Detailed explanation-1: -iStock The Smart Cities Mission, launched on June 25, 2015, to ‘smarten up’ cities with eco-friendly hi-tech solutions to urban problems, is in its last year of implementation. Bhopal, Surat, Bhubaneswar, Udaipur, Ahmedabad, Varanasi and Indore are set to be declared India’s ‘first set of smart cities’.

Detailed explanation-2: -Indore. This city in Madhya Pradesh ranks high as a smart city in India. It has won many awards for categories ranging from waste management to heritage conservation. The retrofitting ideas in the city have made it sustainable and efficient.

Detailed explanation-3: -SPVs. The implementation of the Mission at the City level will be done by a Special Purpose Vehicle (SPV) created for the purpose. The SPV. will plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate the Smart City development projects.

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