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InternationalHard

The joint investment intent of US$ 11.5 billion noted at the meeting relates to an integrated aluminium complex in which Indian state?

  1. A.Gujarat
  2. B.Odisha
  3. C.Jharkhand
  4. D.Chhattisgarh

Correct answer

B. Odisha

Explanation

The correct answer is Odisha, where a joint investment intent of US$ 11.5 billion has been recorded for an integrated aluminium complex. Gujarat is wrong, although the state does figure in the meeting in two other ways: a Food Park project was reviewed there, and an aviation and logistics hub at Dholera was explored, while Mashreq Bank, First Abu Dhabi Bank and the Abu Dhabi National Insurance Company have opened offices in GIFT City. Jharkhand is wrong because no project in that state was listed among the investments reviewed. Chhattisgarh is wrong for the same reason. The other investments named were Emirates NBD's majority stake in RBL Bank and International Holding Company's stake in Sammaan Capital. The Task Force has functioned since its establishment as an open mechanism for raising and settling investment concerns, and the two sides also used the Fast Track Mechanism to resolve pending issues affecting companies on either side.

Read the full article: 14th India-UAE Joint Task Force on Investments Meets in Mumbai

Q3.InternationalMedium

Which of the following is NOT one of the Pillar II thematic clusters of Horizon Europe named as matching India's research priorities?

  1. A.Health
  2. B.Climate, energy and mobility
  3. C.Defence procurement and arms exports
  4. D.Food and the bioeconomy
Show answer
Correct answer: C. Defence procurement and arms exports

The clusters listed under Pillar II of Horizon Europe in the announcement are health; digital technologies, industry and space; climate, energy and mobility; and food and the bioeconomy.