India signed ‘Investment Incentive Agreement (IIA)’ with which country? [A] Japan[B] USA[C] Australia[D] UAE
Option [B] USA . India and the United States recently signed the Investment Incentive Agreement (IIA) in Tokyo. It is a legal requirement for US International Development Finance Corporation (DFC) to continue providing investment support in India. The IIA was signed in Tokyo by India’s Foreign secretary Vinay Kwatra and Scott Nathan, CEO of DFC. This agreement will lead to enhanced investment support from the development finance institution in several sectors.
