Question : On which date Japan and India established diplomatic relations ?
(a) 28th April, 1952
(b) 28th April, 1962
(c) 28th April, 1972
(d) None of the above
Answer (a)
Related facts
- Japan announced on Monday(31 August 2020) it will extend a emergency support loan of up to 50 billion yen (almost Rs 3,500 crore) to back India’s response to the Covid-19 crisis, including implementation of health and medical policies and development of hospitals equipped with ICUs.
- Japanese ambassador Satoshi Suzuki, and CS Mohapatra, additional secretary in India’s department of economic affairs exchanged notes regarding the provision of the yen loan for the response to the Covid-19 emergency.
- A statement issued by the Japanese embassy noted that the Indian government has taken several measures, including health sector reforms, in response to the spread of Covid-19. “This loan provides the necessary funds for emergency response in the fight against Covid-19 in India,” it said.
- This is the largest amount of financial assistance announced by any country so far to support India’s response to the Covid-19 crisis, which has had widespread impacts on the economy and health sector.
- The terms and conditions of the loan include an interest rate of 0.01% per annum and a redemption period of 15 years, including a four-year grace period.
- Suzuki and Mohapatra also exchanged notes for the provision of grant aid worth 1 billion yen under Japan’s Official Development Assistance scheme for India’s Economic and Social Development Programme, which is being implemented by the health ministry.
- As of October 2019, the total number of Japanese companies registered in India is 1,454. The number has increased by 13 (0.9% growth), compared to 1,441 in 2018.
- The total number of Japanese business establishments in India, as of October 2019, is 5,022, a decrease by 80 (1.6% decline) as compared to 5,102 in 2018.
- West Bengal and Haryana showed the largest increase in the number of Japanese companies. There was a significant increase in the number of companies in such sectors as information and communications as well as services.
By — pankaj pandey.