Language
अ

Bangladesh And Adani Group Collaborated

BANKING AND ECONOMY

● To enhance the foreign investment in Bangladesh, Bangladesh Economic Zones Authority (BEZA) signed an agreement with Adani Ports and SEZ Limited.
● As per the agreement, an Indian Economic Zone (IEZ) at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram.
● Establishing IEZ in Bangladesh will attract investment from Indian companies.
● IEZ will be developed on 857 acres of land with an estimated cost of Taka 964 crore supported by an Indian Line of Credit worth USD 115 million.
● In 2015, governments of India and Bangladesh signed a MoU to establish the second largest economic zone in Bangladesh.

Facts to know:

● President of Bangladesh: Mr.Abdul Hamid.
● Prime Minister of Bangladesh: Ms.Sheikh Hasina.
● Currency of Bangladesh: Bangladeshi taka

Related Current Affairs

13/06/2022

RBI CANCELLED LICENSE OF ‘MUDHOL CO0OP BANK’**

With the cancellation of the license, the bank cannot perform banking functions i.e. acceptance & repayment of deposits.

BANKING AND ECONOMY

13/06/2022

NIRMALA SITHARAMAN LAUNCHES EASE 5.0 ‘COMMON REFORMS AGENDA’ FOR PUBLIC SECTOR BANKS

The event was attended virtually by Managing Directors and CEOs, and other senior executives of PSBs.

BANKING AND ECONOMY

13/06/2022

BEAUTY RETAILER PURPLLE BECOMES INDIA’S 102ND UNICORN WITH $33 MILLION FUNDING**

After the ed-tech start-up PhysicsWallah, it is the second firm to achieve unicorn tag in the month of June 2022.

BANKING AND ECONOMY

Preparing for Govt. Exams?

Here is you path to Jeet

View courses

Disclaimer

The learning module may contain articles, news, brief of news/articles, images, both still and moving, including photographs, advertisements, trademarks, video clips etc. procured from public domain, social media, or other print or digital publications, under Fair Use in accordance with Section 52 of the Indian Copyright Act, 1957 and are being used for the purpose of comment, imparting education, disseminating information and illustrating an academic concept, teaching and research. All rights and credit goes directly to its rightful owner. No copyright infringement intended.