Question
Download Solution PDFThe government of India will be setting up an Indian Institute of Technology (IIT) in which country as a part of its trade deal that was signed in February 2022?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is United Arab Emirates.
Key Points
- The government of India will be setting up an Indian Institute of Technology (IIT) in the United Arab Emirates (UAE) as a part of the India-UAE trade deal that was signed on February 18, 2022.
- This will be the first time an IIT would be established outside of the country.
- India currently has 23 IITs.
- The top IITs in India are IIT Delhi, IIT Bombay, IIT Kharagpur, and IIT Madras.
Important Points
- The partnership between the two countries has led to the joint work on several agreements and Memorandum of Understanding in several areas, including
- The Economy, Climate Change and Houbara Conservation
- Industries and Advanced Technologies
- Low Carbon Hydrogen Developments and Investments
- Food Security
- Financial Services
- Education cooperation.
Additional Information
- UAE:
- Capital - Abu Dhabi.
- Currency - United Arab Emirates dirham.
- National Sport - Camel racing.
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