First IIT campus outside India to be set up in which country?

Daily Current Affairs

Kenya

Zimbabwe

Tanzania

South Africa

Correct Answer : Tanzania

The first Indian Institute of Technology (IIT) campus to be set up outside India will be in Zanzibar, Tanzania.

* A Memorandum of Understanding (MoU) for setting up a campus of IIT Madras in Zanzibar was signed between the Ministry of Education, Government of India, IIT Madras and the Ministry of Education and Vocational Training Zanzibar, Tanzania on July 5 2023, according to an official statement issued by the Ministry of External Affairs (MEA).

* The MoU was signed in the presence of Zanzibar President Hussein Ali Mwinyi and External Affairs Minister S Jaishankar; programmes at the new campus could commence in October 2023.

* “This unique partnership will bring the top-ranked educational expertise of IIT Madras to a prime destination in Africa and serve the imperative current needs of the region. The academic programmes, curricula, student selection aspects and pedagogical details will be finalised by IIT Madras, whereas the capital and operating expenditure will be met by the Government of Zanzibar-Tanzania,” the release noted.

* The first IIT was formally established in India way back in 1951 in Kharagpur, West Bengal, following a report by a 22-member committee headed by industrialist and economist N R Sarkar that recommended the establishment of four higher technical institutions in the Eastern, Western, Northern and Southern regions, possibly on the lines of the Massachusetts Institute of Technology, USA, with a number of secondary institutions affiliated to it.

* These higher technical institutions were supposed to aid the post-war industrial development of India, according to a post by IIT Kharagpur. Over the years, the number of IITs have multiplied and at present there are 23 IITs all over India.

* IIT Madras degrees will be awarded to students enrolled in the Zanzibar campus. The state-of-the-art interdisciplinary degrees are expected to attract a diverse cohort and will include students from Africa and other countries as well, with Indian students also eligible to apply..

Source : The Hindu Businessline

Published On : July 6, 2023

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Global Solar Growth Trends :

Ember’s report highlights that solar energy witnessed a remarkable increase globally, with 2023’s solar generation exceeding six times that of 2015. The top four solar growth countries, including India, accounted for 75% of this growth, emphasizing the widespread adoption of solar power worldwide.

Published On : May 9, 2024

Q .

India's Toy Exports Slip to _____ Million in 2023-24

$102.92

$121.19

$139.53

$152.34

Correct Answer : Option (D) - $152.34

India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement.

Declining Export Trends :

Export figures dropped marginally from USD 153.89 million in the previous fiscal year to USD 152.34 million in 2023-24, as outlined by the Global Trade Research Initiative (GTRI). Despite a modest increase in exports from FY’2020 to FY’2022, the subsequent year witnessed a downturn.

Import Trends :

Conversely, imports rose to USD 64.92 million in 2023-24 from USD 62.37 million in the preceding year, indicating a persistent challenge in balancing trade dynamics.

GTRI’s Recommendations :

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Published On : May 9, 2024

Q .

India Leads Global Remittances, Surpassing _____ Billion Mark.

$50

$100

$200

$250

Correct Answer : Option (B) - $100

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Consistent Growth: From $53.48 Billion to $111.22 Billion

The UN’s World Migration Report 2024 underscored India’s consistent growth in remittances, noting a rise from $53.48 billion in 2010 to $111.22 billion in 2022. This significant increase showcases India’s pivotal role in the global remittance landscape.

Southern Asia’s Significance in Global Remittances :

The IOM emphasized Southern Asia’s importance as a major recipient of global remittances, attributed to its high proportion of migrant workers and emigrants. India, Pakistan, and Bangladesh all ranked among the top ten recipients worldwide, highlighting the sub-region’s reliance on labor migration.

Prominent Migration Corridors and Destination Countries :

While India ranks 13th as a destination country for immigrants, it features prominently in various international migration corridors, including India-United Arab Emirates, India-Saudi Arabia, and Bangladesh-India, all of which are among the top 10. This indicates India’s significant role in global labor migration patterns.

Published On : May 9, 2024