CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India Provided a cheque of what amount to Nepal for Housing Reconstruction Project?
A
NPR 1 MILLION
B
NPR 2 MILLION
C
NPR 3 BILLION
D
NPR 1 BILLION
Explanation: 

Detailed explanation-1: -Namgyal Khampa, the Deputy Chief of Mission at the Indian Embassy, handed over the cheque amounting to Nepali Rupees 1.54 billion to Sishir Kumar Dhungana, Secretary, Nepal’s Ministry of Finance.

Detailed explanation-2: -India has increased its annual grant to Nepal by 29.41 percent. The Indian government through its union budget for the fiscal year 2023-24 has allocated Rs8. 8 billion (IRs5. 50 billion) to Nepal.

Detailed explanation-3: -India has provided 1.54 billion Nepalese Rupees (INR nearly 96 crore) to Nepal as part of its commitment towards assistance and rehabilitation after the 2015 earthquake which saw the death of over 9, 000 people in the country, the Indian Embassy in Kathmandu said on Thursday.

Detailed explanation-4: -India has been assisting the Nepal Army (NA) in its modernisation by supplying equipment and providing training. Assistance during disasters, joint military exercises, adventure activities and bilateral visits are other aspects of India’s defence cooperation with Nepal.

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