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India-UK Finalised 1 Billion Pounds Private-Sector Investment Deal

Published on May 04, 2021
Current Context: The Indian Government and United Kingdom’s Government finalized 1 billion pounds ($1.39 billion) of private-sector investment.
India-UK Finalised 1 Billion Pounds Private-Sector Investment Deal
  • Both the nations also committed to having free trade deal between them.
  • The deal was finalized ahead of the virtual summit between India’s Prime Minister Narendra Modi and the UK’s Prime Minister Boris Johnson.
  • The deal is part of the Enhanced Trade Partnership which will be signed during the summit.
  • This finalization of the deal will help to create job opportunities in both nations and will double the trading activities by 2030.

Question: 

Q.1 In May 2021, India and UK signed ___ of private-sector investment?
a. $ 1.39 billion
b $ 2.00 billion
c. $ 1.15 billion 
d. None of the above
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