सामयिक विषय: Treaty & Agreements

MobiKwik, IRCTC Rail connect partner for ticket bookings

Agreement between MobiKwik and IRCTC

Question: MobiKwik is a-
(a) Oil Company
(b) Digital Payment Firm
(c) E-Commerce Company
(d) Textile Company
Answer: (b)
Related Facts:

  • On October 3, 2017, digital payment firm MobiKwik announced a partnership with the IRCTC Rail Connect app.
  • With this partnership, Mobiles customers will be allowed to book railway tickets using Formers Payment Gateway.
  • MobiKwik payment gateway currently pays for more than 3000 e-commerce websites and apps.
  • This partnership has been started to introduce a mobile EG-to-user interface to simplify the payment system for all, which can be used to pay payment through channels like Debit Card, Credit Card, Net Banking, ATM Card and Wallet.
  • The IRCTC app’s ability to execute more than 1 lakh tickets per day.


Australias Deakin University inks pact with NSDC

NSDC signed an agreement for the Ecosystem of skill development

Question: With which of the following foreign universities, NSDC recently signed an agreement for skill development in India?
(a) Cambridge University
(b) Howard University
(c) University of California
(d) Deakin University
Answer: (d)
Related Facts:

  • On September 22, 2017, New Managing Director and Chief Executive Officer of National Skill Development Corporation, Manish Kumar and Kerrie Parker of Deakin University Australia, signed a Memorandum of Understanding.
  • The collaboration will be on projects for conducting Data Analytics and Impact Evaluation Studies in the skills ecosystem.
  • Deakin University will be a knowledge partner for NSDC towards developing an Impact Assessment (IA) and Monitoring & Evaluation (M&E) framework for its projects.
  • The MoU is for a duration of five years


Cabinet approves MoU between India and Belarus for Cooperation in the field of Vocational Education and Training

Cabinet approves MoU between India and Belarus

Question: Recently, Union Cabinet has given its ex-post facto approval for a Memorandum of Understanding between India and Belarus for cooperation in which of the following the field?
(a) Medical
(b) Space
(c) Agriculture
(d) Vocational Education and Training
Answer: (d) 
Related Facts:

  • On 12thSeptember, 2017, the Union Cabinet chaired by the Prime Minister Narendra Modi has given its ex-post facto approval for a Memorandum of Understanding between India and Belarus for cooperation in the field of Vocational Education and Training (VET).
  • The MoU was signed during the State visit of H.E. Mr. Alexander Lukashenko, President of Belarus to India.
  • This is for the first time MoU for cooperation in area of vocational education, training and skill development has been signed with Eurasian country.
  • The areas of cooperation are as under:
  • The Belarusian side shall provide comprehensive transfer of know-how of emerging technologies, training and evaluation methodologies, content development for regular / distance learning / e-learning/training of master trainers, competency building of the assessors in area of their competency and network building & industry linkage;
  • Vocational education services for Indian citizens for skill development in the field of construction, electric-power production and distribution, manufacturing industry, trade, auto service and household goods repair and maintenance, transport, communication, hotels and restaurants as well as other fields being in high demand in India;
  • Retraining, up-skilling,    internship   for   Vocational   Education   and   Training managers, teachers and trainers of India by the Belarusian Side;
  • Advisory services in order to enhance planning, management and delivery of Vocational Education and Training and Skill Development.

Major impact:

  • The MoU would bring in Belarus experience and expertise for overall improvement in skill eco system of the country.
  • Implementation of proposal includes innovation and improvement in the existing vocational education and skill development through Research and Development in the field.
  • The financial arrangement for the co-operative activities undertaken within the framework of this MoU shall be mutually agreed upon by the Parties on a case-by-case basis, subject to the availability of funds.


Skip to toolbar