CII, Sumit Mazumdar - Current Affairs Questions and Answers

1)   Which industrial body has signed an MoU with Dubai exports to boost trade?

a. FICCI
b. ASSOCHAM
c. CII
d. None of the above
Answer  Explanation 

ANSWER: CII

Explanation:
Confederation of Indian Industries signed MoU with Dubai exports to boost trade for strengthening India UAE economic ties . CII has signed the MoU with Dubai exports which works with Dubai government departments for simplification of the export process. It aims to capitalise on Dubai as a natural trade gateway between the East and the West.


2)   Indian Diaspora in the United States has launched which mission in partnership with CII on 22nd September 2015?

a. Mission 2020
b. Mission 2021
c. Mission 2022
d. Mission 2023
Answer  Explanation 

ANSWER: Mission 2022

Explanation:
The Indian Diaspora in the US which is 3 million strong launched Mission 2022 on 22nd September 2015 in partnership with CII to further Indian collaboration. As India turns 75, the dialogues will be held every 6 months with the Diaspora over the next 7 years as part of this mission. Indian American Diaspora is deeply invested in the American system and can fuel a productive Indo-US partnership.


3)   As per the statement of Confederation of Indian Industry (CII), by what percent India’s economy can grow in the medium-term with a multi-pronged strategy?

a. 8-10%
b. 7-9%
c. 9-10%
d. 11-12%
Answer  Explanation 

ANSWER: 9-10%

Explanation:
The industry body has outlined ten areas requiring policy attention that can bring huge economic benefits for growth, investment and employment creation. The areas highlighted by CII for more attention include macro-economy, mining, manufacturing, land acquisition, energy, labour reforms, skill development, taxation, financial sector and Companies Act.