Union Cabinet approved MoU between India and UK

May 01, 2021
Current Context: The Union Cabinet chaired by PM Modi approved the MoU between India and the United Kingdom on information sharing and Custom Cooperation.
Union Cabinet approved MoU between India and UK
  • Under this MoU, information sharing will be made available to prevent and investigate customs offences.
  • This will also lead to having seamless trading activities between both nations.
  • The MoU will provide a legal framework for sharing of information and intelligence between the Customs authorities of both nations.
  • The MoU will also lead to developing the proper application of Customs laws and the facilitation of legitimate trade.
  • Static Part: 
    • Capital of UK: London
    • Currency of UK: Pound Sterling

Question: 

Q.1 In April 2021, India signed MoU with which nation to cooperate in information sharing and thus prevent custom offences and develop custom cooperation?
a. Italy
b. United States
c. United Kingdom
d. Bangladesh

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience