02 August 2018

India, Germany Sign Pact On Financial And Technical Cooperation

India, Germany Sign Pact On Financial And Technical Cooperation


India and Germany have signed an agreement on financial and technical cooperation focusing on sustainable urban development and renewable energy. The government-to-government Umbrella Agreement on Financial Cooperation and Technical Co-operation 2017 is worth about 5,000 thousand crore rupees. 

The agreement under the Indo-German Bilateral Development Cooperation was signed between Joint Secretary in the Finance Ministry, Sameer Kumar Khare, and German Ambassador to India, Martin Ney, in New Delhi. 

Source- AIR World Service

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 
  • Germany Capital: Berlin, Currency: Euro, Chancellor: Angela Merkel.

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