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Indo-Pacific Oceans Initiative: Aus. Announced grant of Rs 8.12cr

Published on April 21, 2021
Current Context: Australia has announced a grant of Rs 8.12 crore under the ‘Australia-India Indo-Pacific Oceans Initiative Partnership (AIIPOIP) which is an Indo-Pacific Oceans Initiative (IPOI).
Indo-Pacific Oceans Initiative: Aus. Announced grant of Rs 8.12cr
  • PM Narendra Modi has proposed IPOI in 2019 at the East-India Summit.
  • Through this partnership between India and Australia, new proposals will be framed to attain shared maritime objectives.
  • The grant will also enable stakeholders from both nations to share their expertise and proposals.
  • Static Part: 
    • Capital of Australia: Canberra
    • Currency of Australia: Dollar

Question: 

Q.1 On April 21, Australia announced a grant of Rs ___ under the ‘Australia-India Indo-Pacific Oceans Initiative Partnership (AIIPOIP) which is an Indo-Pacific Oceans Initiative (IPOI)?
a. Rs 7.12 crore
b. Rs 8.12 crore
c. Rs 6.12 crore
d. Rs 9.12 crore
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