Centre has approved a five year project Deep Ocean Mission (DOM) with the cost of;

2019

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

A	Rs. 5, 000 crore
B	Rs. 6, 000 crore
C	Rs. 8, 000 crore
D	Rs. 10, 000 crore

Explanation:

Detailed explanation-1: -4077.0 crore for a period of 5 years to be implemented in a phase-wise manner. The estimated cost for the first phase for the 3 years (2021-2024) would be Rs. 2823.4 crore. Deep Ocean Mission with be a mission mode project to support the Blue Economy Initiatives of the Government of India.

Detailed explanation-2: -The Centre had approved the Deep Ocean Mission at a total budget of ₹4,077 crore for five years. The estimated cost for the first phase for the three years (2021-2024) is ₹2,823.4 crore. India has a unique maritime position, a 7517 km long coastline, which is home to nine coastal states and 1,382 islands.

Detailed explanation-3: -It has a budget of USD 4,077 million over five years. Over the period of three years, the first phase is projected to cost Rs 2,823.4 crore (2021-2024).

Detailed explanation-4: -The Deep Ocean Mission plan will enable India to develop capabilities to exploit resources in the Central Indian Ocean Basin (CIOB). One of the major objectives of this project is to mine and extract polymetallic nodules (PMN). The UN International SeaBed Authority has allotted India 75000 sq.

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