Tag: Agreements

India And Tanzania Sign 2 MoUs


India and Tanzania signed two MoUs in presence of External Affairs Minister Sushma Swaraj and Tanzanian Foreign Minister Dr. Augustine Mahiga. The MoUs are between Foreign Service Institute of India and Centre for Foreign Relation, Tanzania and National Research Development Corporation and Tanzania Industrial Research and Development Corporation. 
The agreements were signed following India-Tanzania 9th Session of Joint Commission on Economic, Technical and  Scientific Cooperation in New Delhi. 

Source- News On AIR

Static/Current Takeaways From Above News For IBPS PO Mains Exam 2018:
  • Tanzania Capital: Dodoma, Currency: Tanzanian shilling

India and Sri Lanka sign two MoU for construction of 1200 houses


India and Sri Lanka has signed two MoU for construction of 1200 houses through 50 model villages, using Indian grant assistance of 60 crore Srilankan rupees.  The MoUs were signed by Mr. Taranjit Singh Sandhu, High Commissioner of India to Sri Lanka, and Mr. Bernard Vasantha, Secretary to the Ministry of Housing and Construction, in the presence of Sajith Premadasa, Minister of Housing and Construction.

With this, India’s collaboration with Srilankan government under Model Villages Housing Program stands at 2400 houses in 100 model villages. As per the new MoUs, 600 houses each will be constructed in the Southern and Northern Provinces.
Static/Current Takeaways From Above News For IBPS PO/Clerk Mains Exam 2018:
  • Capitals of Sri Lanka: Colombo, Sri Jayawardenepura Kotte
  • Currency of Sri Lanka: Sri Lankan rupee
  • President of Sri Lanka: Maithripala Sirisena
Source- DD News

India And Azerbaijan Agree To Enhance Bilateral Trade Relations

India and Azerbaijan have agreed to take measures to enhance bilateral trade relations. The two countries signed a protocol on trade and economic, science and technology cooperation at the 5th meeting of India-Azerbaijan Inter-Governmental Commission on Trade and Economic, Science and Technology Cooperation which concluded in New Delhi. 
The two-day meeting was co-chaired by Commerce and Industry Minister Suresh Prabhu and Azerbaijan’s Ecology and Natural Resources Minister Mukhtar Babayev. The next meeting of the Commission will be held in Baku. 
Source- Press Information Bureau (PIB)

Static/Current Takeaways From Above News For IBPS PO Mains Exam 2018:
  • Azerbaijan Capital: Baku, 
    Currency: Azerbaijani manat. 

Delhi, Moscow Sign Twin-City Agreement

Delhi government signed a twin-city agreement with the government of Moscow for cooperation in various fields like environment, culture and education, for the next 3 years.

The agreement was signed by Minister of the Moscow City government and head of its international relations Sergey Cheremin and Delhi Deputy Chief Minister Manish Sisodia. 

Source- The Times of India

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 

  • Delhi CM: Arvind Kejriwal, Lt. Governor: Anil Baijal. 

Central University of Jammu Signs MoU With ISRO


The Indian Space Research Organisation (ISRO) signed an MoU with the Central University of Jammu (CUJ) in Jammu for setting up of the Satish Dhawan Center for Space Science in the University. 
Another MoU was signed between CUJ and the Central Scientific Instruments Organization (CSIR-CSIO) to create awareness about space research. This is the first of its kind institute coming up in Jammu and Kashmir and the building is proposed in an area of about 1,150 sq. m. 
Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 

  • Chairman of ISRO: Dr. K Sivan.
  • Headquarters of ISRO– Bengaluru, Karnataka.

Coal India signs MoU with NLC for 5000 MW Power Generation


Coal India and NLC India (NLCIL), formerly Neyveli Lignite Corporation, will jointly set up 5000 MW of power generation capacity of which 3000 MW would be solar powered while the rest 2000 MW would be coal-fuelled. CIL and NCIL  signed an MoU for setting up a 50:50 joint venture company that would undertake the projects.
Coal India has been tasked to become a net zero emission energy company by the ministry of coal, a move which requires it to generate 3,000 MW of solar power. The MoU also extends for setting up of 2,000 MW of thermal power generation across CIL’s subsidiaries. 

Source- The Economic Times

IIT-Madras Signs MoU With Tamil Nadu e-Governance Agency

IIT-Madras will collaborate with Tamil Nadu e-Governance Agency (TNeGA) to enhance data-driven governance. Through this engagement, the Robert Bosch Centre for Data Science and Artificial Intelligence (RBC DSAI ) at IIT-Madras has agreed to support the State government on various data science and ICT-related challenges.

The collaboration is expected to contribute towards various aspects of governance, including (but not limited to) education, healthcare, and agriculture, says a press release from IIT-Madras.
Source- The Indian Express

Important Cabinet Approvals: 10th October 2018

Important Cabinet Approvals- 04th October 2018
The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-

The Cabinet has approved- 
1. MoU between India and Lebanon for cooperation in the field of agriculture and allied sectors.
2. MoU between India and Romania in the field of tourism.
3. Closure of National Jute Manufactures Corporation Ltd. and its subsidiary Birds Jute & Exports Ltd.
4. Productivity Linked Bonus for Railway Employees.
5. Memorandum of Cooperation between India and Finland on Environmental Cooperation.
6. Establishment and operationalisation of permanent campuses of the Indian Institutes of Science Education & Research (IISERs) at Tirupati and Berhampur.
7. Merger of National Council for Vocational Training, NCVT and National Skill Development Agency, NSDA to establish National Council for Vocational Education and Training, NCVET
8. Closure of Biecco Lawrie Limited. 

Source- Press Information Bureau (PIB)

UNICEF, NASSCOM Sign MoU To Strengthen Child Rights

UNICEF and NASSCOM Foundation have signed an agreement to strengthen child rights through “meaningful business interventions. With this Memorandum of Understanding (MoU), the two organisations will work collaboratively on two key areas including national sensitisation on child online protection and encouraging innovations for child rights’ in the country. 

Source- Business Standard

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 

  • UNICEF stands for United Nations Children’s Fund. 
  • UNICEF Headquarters in New York, USA. 
  • National Association of Software and Services Companies (NASSCOM) was established in 1988.
  • NASSCOM Chairman: Rishad Premji.

India Signs Key Agreements With Tajikistan

President Ram Nath  Kovind had a meeting with his Tajikistan counterpart Mr. Emomali Rahmon in Dushanbe. On this occasion, both countries signed MoUs in various fields including political relations, strategic research, agriculture, renewable energy, traditional medicine, space technology, youth affairs, Culture and Disaster Management. 
The President held bilateral level talks his Tajikistan counterpart Emomali Rahmon. Indian grant of 20 million US dollars was announced for Tajikistan to finance development projects. Several other key bilateral pacts were also signed. 
Source- DD News

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Tajikistan Capital: Dushanbe, Currencies: Tajikistani somoni, Ruble.