CURRENT AFFAIRS

Detailed explanation-1: -Prime Minister Narendra Modi and his Nepalese colleague Sher Bahadur Deuba met in New Delhi, initiating a number of projects and signing four important agreements across a variety of fields.

Detailed explanation-2: -Political relations So far, 21 Annual Summits have taken place alternatively in India and Russia. The last Summit was held on December 6, 2021 in New Delhi. During the last Summit, 28 MoUs and agreements were signed.

Detailed explanation-3: -U.S.-India defense trade cooperation continues to expand with the Logistics Exchange Memorandum of Agreement (LEMOA), Communications, Compatibility and Security Agreement (COMCASA), and the Industrial Security Agreement (ISA) now in place.

Detailed explanation-4: -The two leaders signed five agreements, including one between the Satluj Jal Vidyut Nigam (SJVN) Ltd and the Nepal Electricity Authority (NEA) for the development and implementation of the 490.2 megawatts Arun-4 hydropower project.