MoU and Agreements MCQ Quiz - Objective Question with Answer for MoU and Agreements - Download Free PDF

The correct answer is IIT Kanpur.

In News

• FreeStream Technologies is collaborating with IIT Kanpur to launch Direct-to-Mobile (D2M) phones in India.

Key Points

• The collaboration with IIT Kanpur is part of the initiative to advance the Direct-to-Mobile (D2M) technology in India.
• D2M technology will allow users to access multimedia content directly on their mobile devices without relying on Wi-Fi or internet services.
• This technology will be used in affordable mobile devices powered by the SL-3000 chipset from Saankhya Labs.
• The project aligns with the 'Make in India' initiative and aims to create a robust device ecosystem for nationwide rollout.

Additional Information

• D2M Technology
  • Delivers OTT, live TV, video, audio, and text directly to mobile phones without the need for internet.
  • Helps in delivering targeted ads, educational content, and emergency alerts, among other services.
• Make in India
  • Initiative by the Government of India to promote manufacturing in India, encouraging global and domestic companies to set up production facilities.
• Tejas Networks
  • Indian telecommunications company that designs and manufactures networking products for carriers, enterprises, and broadband service providers.
• FreeStream Technologies
  • Tech company focused on enabling next-gen broadcast technologies and innovations.

The Correct Answer is 'Shoot in Chile' program.

In News

• India-Chile agree to cooperate in Disaster Management & Cultural Exchange.

Key Points

• Agreements and Letters of Intent: India and Chile signed agreements in Disaster Management and Cultural Exchange, and exchanged Letters of Intent on Antarctica cooperation.

• Bilateral Talks: Prime Minister Modi and President Boric discussed enhancing cooperation in various sectors like critical minerals, agriculture, renewable energy, and digital public infrastructure.

• CEPA: Both sides agreed to begin discussions on a Comprehensive Economic Partnership Agreement (CEPA).

• Strengthening Cultural Ties: They emphasized cultural cooperation, particularly in Ayurveda, traditional medicine, and Yoga. Chile declared 4th November as National Yoga Day.

• Sustainable Technology: Chile sees India as a trusted partner in sustainable technology and innovation.

• Antarctica Collaboration: A cooperation deal was signed for exploration and research in Antarctica, with Chile inviting India to engage more in the region.

• Cultural Exchange Initiatives: Chile plans to bring India’s Bollywood influence through the 'Shoot in Chile' program.

The Correct Answer is 'Shoot in Chile' program.

In News

• India-Chile agree to cooperate in Disaster Management & Cultural Exchange.

Key Points

• Agreements and Letters of Intent: India and Chile signed agreements in Disaster Management and Cultural Exchange, and exchanged Letters of Intent on Antarctica cooperation.

• Bilateral Talks: Prime Minister Modi and President Boric discussed enhancing cooperation in various sectors like critical minerals, agriculture, renewable energy, and digital public infrastructure.

• CEPA: Both sides agreed to begin discussions on a Comprehensive Economic Partnership Agreement (CEPA).

• Strengthening Cultural Ties: They emphasized cultural cooperation, particularly in Ayurveda, traditional medicine, and Yoga. Chile declared 4th November as National Yoga Day.

• Sustainable Technology: Chile sees India as a trusted partner in sustainable technology and innovation.

• Antarctica Collaboration: A cooperation deal was signed for exploration and research in Antarctica, with Chile inviting India to engage more in the region.

• Cultural Exchange Initiatives: Chile plans to bring India’s Bollywood influence through the 'Shoot in Chile' program.

The correct answer is Bhutan.

Key Points

• In January 2024, India entered into a bilateral agreement with Bhutan to provide grant assistance for constructing a 20 feet Bailey bridge.
• This initiative is part of India's ongoing efforts to enhance connectivity and infrastructure in neighboring countries.
• The Bailey bridge will facilitate better transportation and communication in the remote regions of Bhutan.
• India and Bhutan share a strong relationship, and this project is another step in strengthening their bilateral ties.
• Such infrastructure projects are vital for boosting economic growth and development in Bhutan.

Additional Information

• India-Bhutan Relations
  • India and Bhutan share a unique and time-tested bilateral relationship characterized by mutual trust, goodwill, and understanding.
  • The friendship is supported by shared cultural ties and mutual interests in regional security and development.
  • India is Bhutan's largest trading partner, and both countries collaborate extensively in various sectors, including hydropower, education, and health.
• Bailey Bridges
  • Bailey bridges are portable, pre-fabricated truss bridges designed for quick assembly and deployment.
  • They were developed by the British during World War II for military purposes and have since been widely used in civilian projects.
  • Bailey bridges are ideal for remote and difficult terrains due to their modular nature and ease of construction.
• Infrastructure Development in Bhutan
  • Infrastructure development is crucial for Bhutan's socio-economic growth, especially in improving connectivity in its rugged terrain.
  • Projects like the construction of Bailey bridges help in enhancing transportation networks, thus aiding in regional development.
• India's Role in Regional Connectivity
  • India actively supports infrastructure projects in neighboring countries to promote regional connectivity and economic integration.
  • Such initiatives are part of India's "Neighborhood First" policy, which aims to strengthen ties and foster development in the South Asian region.

The correct answer is Colombo Stock Exchange (CSE).

In News

• On January 20, 2025, the Colombo Stock Exchange (CSE) of Sri Lanka signed a Memorandum of Understanding (MoU) with India’s National Commodity and Derivatives Exchange (NCDEX).
• The MoU aims to enhance commodities and derivatives trading in Sri Lanka and facilitate knowledge transfer between the two institutions.

Key Points

• The agreement focuses on developing trading systems, regulatory frameworks, and innovative financial products for market participants.
• This collaboration will strengthen Sri Lanka’s commodities market using India's expertise in commodity and derivatives trading.
• The MoU is expected to bring efficiency, transparency, and better risk management practices to commodity trading in Sri Lanka.
• NCDEX is a leading Indian exchange specializing in agriculture and commodity derivatives trading.

Additional Information

• About Colombo Stock Exchange (CSE)
  • Established - 1985
  • Headquarters - Colombo, Sri Lanka
  • Regulated by - Securities and Exchange Commission of Sri Lanka
• About National Commodity and Derivatives Exchange (NCDEX)
  • Founded - 2003
  • Headquarters - Mumbai, India
  • Specialization - Agricultural commodities and derivatives trading
• Other Major Commodity Exchanges in India
  • Multi Commodity Exchange of India (MCX)
  • Indian Commodity Exchange (ICEX)
  • National Multi Commodity Exchange (NMCE)

The correct answer is Crown of Incredible India.Key Points

• ​The Jammu and Kashmir government and the hospitality technology company OYO collaborated to introduce the "Crown of Incredible India" rural tourism project throughout the Union Territory.
• It intends to revive the struggling tourism sector and encourage young people in J&K to launch their own businesses.
• In accordance with this, OYO will collaborate with the Center's "Mission Youth" initiative.
• In order to encourage entrepreneurship and generate prospects for self-employment, it plans to open homestays in 75 communities.

Additional Information

• The first floating financial literacy camp in India was held as part of the "Niveshak Didi" initiative's inauguration in Srinagar, Jammu & Kashmir.
• Around Srinagar's renowned Dal Lake, it was conducted among local locals.
• From a Shikara, Niveshak Didi conducted the financial literacy class in the indigenous Kashmiri language.

The correct answer is SAFTA.

Key Points

• SAFTA stands for South Asian Free Trade Area and is a trade agreement among the member states of the South Asian Association for Regional Cooperation (SAARC).
  • SAFTA was signed in 2004 and came into effect in 2006 with the aim to promote and enhance trade and economic cooperation among the SAARC countries.
  • SAFTA aims to reduce and eliminate tariffs and non-tariff barriers on goods traded within the region, and to address other issues related to trade in services and investment.
  •  SAFTA also includes provisions for safeguard measures to protect domestic industries from sudden surges in imports from other member countries.
•  APTA (Asia-Pacific Trade Agreement) is a trade agreement among six countries in the Asia-Pacific region, while NAFTA (North American Free Trade Agreement) is a trade agreement between the United States, Canada, and Mexico, and LAIA (Latin American Integration Association) is a regional trade bloc in Latin America.
• Hence, the correct answer is option 2, SAFTA.

The correct answer is Bhutan.

Key Points

• In January 2024, India entered into a bilateral agreement with Bhutan to provide grant assistance for constructing a 20 feet Bailey bridge.
• This initiative is part of India's ongoing efforts to enhance connectivity and infrastructure in neighboring countries.
• The Bailey bridge will facilitate better transportation and communication in the remote regions of Bhutan.
• India and Bhutan share a strong relationship, and this project is another step in strengthening their bilateral ties.
• Such infrastructure projects are vital for boosting economic growth and development in Bhutan.

Additional Information

• India-Bhutan Relations
  • India and Bhutan share a unique and time-tested bilateral relationship characterized by mutual trust, goodwill, and understanding.
  • The friendship is supported by shared cultural ties and mutual interests in regional security and development.
  • India is Bhutan's largest trading partner, and both countries collaborate extensively in various sectors, including hydropower, education, and health.
• Bailey Bridges
  • Bailey bridges are portable, pre-fabricated truss bridges designed for quick assembly and deployment.
  • They were developed by the British during World War II for military purposes and have since been widely used in civilian projects.
  • Bailey bridges are ideal for remote and difficult terrains due to their modular nature and ease of construction.
• Infrastructure Development in Bhutan
  • Infrastructure development is crucial for Bhutan's socio-economic growth, especially in improving connectivity in its rugged terrain.
  • Projects like the construction of Bailey bridges help in enhancing transportation networks, thus aiding in regional development.
• India's Role in Regional Connectivity
  • India actively supports infrastructure projects in neighboring countries to promote regional connectivity and economic integration.
  • Such initiatives are part of India's "Neighborhood First" policy, which aims to strengthen ties and foster development in the South Asian region.

The correct answer is NTPC Limited.

Key Points

• NTPC Limited, a leading power utility company in India, secured a $750 million Japanese yen loan.
• The loan is aimed at reducing air pollution from NTPC's thermal power projects.
• This loan is part of NTPC's broader strategy to invest in cleaner and more sustainable energy solutions.
• The funding will be utilized for implementing advanced emission control technologies in its power plants.

Additional Information

• NTPC Limited:
  • Established in 1975, NTPC is India’s largest energy conglomerate with roots deeply entrenched in the power generation business.
  • It has an installed capacity of over 65,000 MW, with a diversified energy mix comprising thermal, hydro, solar, and wind power.
  • NTPC is committed to achieving a 10% reduction in its net energy intensity by 2032.
• Emission Control Technologies:
  • Technologies like Flue Gas Desulfurization (FGD) and Selective Catalytic Reduction (SCR) are used to reduce sulfur dioxide (SO2) and nitrogen oxides (NOx) emissions, respectively.
  • These technologies are essential for meeting the environmental regulations set by the government for thermal power plants.
• Japanese Yen Loan:
  • Such loans are often provided by Japanese financial institutions to support international projects that align with sustainability goals.
  • The favorable terms of these loans often include lower interest rates and longer repayment periods, making them attractive for large-scale infrastructure projects.
• India's Commitment to Clean Energy:
  • India has set ambitious targets to achieve 175 GW of renewable energy capacity by 2022 and 450 GW by 2030.
  • Investments in emission control and cleaner energy solutions are part of India's broader strategy to combat climate change and reduce its carbon footprint.

The correct answer is Crown of Incredible India.Key Points

• ​The Jammu and Kashmir government and the hospitality technology company OYO collaborated to introduce the "Crown of Incredible India" rural tourism project throughout the Union Territory.
• It intends to revive the struggling tourism sector and encourage young people in J&K to launch their own businesses.
• In accordance with this, OYO will collaborate with the Center's "Mission Youth" initiative.
• In order to encourage entrepreneurship and generate prospects for self-employment, it plans to open homestays in 75 communities.

Additional Information

• The first floating financial literacy camp in India was held as part of the "Niveshak Didi" initiative's inauguration in Srinagar, Jammu & Kashmir.
• Around Srinagar's renowned Dal Lake, it was conducted among local locals.
• From a Shikara, Niveshak Didi conducted the financial literacy class in the indigenous Kashmiri language.

The correct answer is SAFTA.

Key Points

• SAFTA stands for South Asian Free Trade Area and is a trade agreement among the member states of the South Asian Association for Regional Cooperation (SAARC).
  • SAFTA was signed in 2004 and came into effect in 2006 with the aim to promote and enhance trade and economic cooperation among the SAARC countries.
  • SAFTA aims to reduce and eliminate tariffs and non-tariff barriers on goods traded within the region, and to address other issues related to trade in services and investment.
  •  SAFTA also includes provisions for safeguard measures to protect domestic industries from sudden surges in imports from other member countries.
•  APTA (Asia-Pacific Trade Agreement) is a trade agreement among six countries in the Asia-Pacific region, while NAFTA (North American Free Trade Agreement) is a trade agreement between the United States, Canada, and Mexico, and LAIA (Latin American Integration Association) is a regional trade bloc in Latin America.
• Hence, the correct answer is option 2, SAFTA.

The Correct Answer is 'Shoot in Chile' program.

In News

• India-Chile agree to cooperate in Disaster Management & Cultural Exchange.

Key Points

• Agreements and Letters of Intent: India and Chile signed agreements in Disaster Management and Cultural Exchange, and exchanged Letters of Intent on Antarctica cooperation.

• Bilateral Talks: Prime Minister Modi and President Boric discussed enhancing cooperation in various sectors like critical minerals, agriculture, renewable energy, and digital public infrastructure.

• CEPA: Both sides agreed to begin discussions on a Comprehensive Economic Partnership Agreement (CEPA).

• Strengthening Cultural Ties: They emphasized cultural cooperation, particularly in Ayurveda, traditional medicine, and Yoga. Chile declared 4th November as National Yoga Day.

• Sustainable Technology: Chile sees India as a trusted partner in sustainable technology and innovation.

• Antarctica Collaboration: A cooperation deal was signed for exploration and research in Antarctica, with Chile inviting India to engage more in the region.

• Cultural Exchange Initiatives: Chile plans to bring India’s Bollywood influence through the 'Shoot in Chile' program.

The correct answer is IIT Kanpur.

In News

• FreeStream Technologies is collaborating with IIT Kanpur to launch Direct-to-Mobile (D2M) phones in India.

Key Points

• The collaboration with IIT Kanpur is part of the initiative to advance the Direct-to-Mobile (D2M) technology in India.
• D2M technology will allow users to access multimedia content directly on their mobile devices without relying on Wi-Fi or internet services.
• This technology will be used in affordable mobile devices powered by the SL-3000 chipset from Saankhya Labs.
• The project aligns with the 'Make in India' initiative and aims to create a robust device ecosystem for nationwide rollout.

Additional Information

• D2M Technology
  • Delivers OTT, live TV, video, audio, and text directly to mobile phones without the need for internet.
  • Helps in delivering targeted ads, educational content, and emergency alerts, among other services.
• Make in India
  • Initiative by the Government of India to promote manufacturing in India, encouraging global and domestic companies to set up production facilities.
• Tejas Networks
  • Indian telecommunications company that designs and manufactures networking products for carriers, enterprises, and broadband service providers.
• FreeStream Technologies
  • Tech company focused on enabling next-gen broadcast technologies and innovations.

The Correct Answer is 'Shoot in Chile' program.

In News

• India-Chile agree to cooperate in Disaster Management & Cultural Exchange.

Key Points

• Agreements and Letters of Intent: India and Chile signed agreements in Disaster Management and Cultural Exchange, and exchanged Letters of Intent on Antarctica cooperation.

• Bilateral Talks: Prime Minister Modi and President Boric discussed enhancing cooperation in various sectors like critical minerals, agriculture, renewable energy, and digital public infrastructure.

• CEPA: Both sides agreed to begin discussions on a Comprehensive Economic Partnership Agreement (CEPA).

• Strengthening Cultural Ties: They emphasized cultural cooperation, particularly in Ayurveda, traditional medicine, and Yoga. Chile declared 4th November as National Yoga Day.

• Sustainable Technology: Chile sees India as a trusted partner in sustainable technology and innovation.

• Antarctica Collaboration: A cooperation deal was signed for exploration and research in Antarctica, with Chile inviting India to engage more in the region.

• Cultural Exchange Initiatives: Chile plans to bring India’s Bollywood influence through the 'Shoot in Chile' program.

The correct answer is Bhutan.

Key Points

• In January 2024, India entered into a bilateral agreement with Bhutan to provide grant assistance for constructing a 20 feet Bailey bridge.
• This initiative is part of India's ongoing efforts to enhance connectivity and infrastructure in neighboring countries.
• The Bailey bridge will facilitate better transportation and communication in the remote regions of Bhutan.
• India and Bhutan share a strong relationship, and this project is another step in strengthening their bilateral ties.
• Such infrastructure projects are vital for boosting economic growth and development in Bhutan.

Additional Information

• India-Bhutan Relations
  • India and Bhutan share a unique and time-tested bilateral relationship characterized by mutual trust, goodwill, and understanding.
  • The friendship is supported by shared cultural ties and mutual interests in regional security and development.
  • India is Bhutan's largest trading partner, and both countries collaborate extensively in various sectors, including hydropower, education, and health.
• Bailey Bridges
  • Bailey bridges are portable, pre-fabricated truss bridges designed for quick assembly and deployment.
  • They were developed by the British during World War II for military purposes and have since been widely used in civilian projects.
  • Bailey bridges are ideal for remote and difficult terrains due to their modular nature and ease of construction.
• Infrastructure Development in Bhutan
  • Infrastructure development is crucial for Bhutan's socio-economic growth, especially in improving connectivity in its rugged terrain.
  • Projects like the construction of Bailey bridges help in enhancing transportation networks, thus aiding in regional development.
• India's Role in Regional Connectivity
  • India actively supports infrastructure projects in neighboring countries to promote regional connectivity and economic integration.
  • Such initiatives are part of India's "Neighborhood First" policy, which aims to strengthen ties and foster development in the South Asian region.