Question
The Ministry of Railways and _________ signed an MoU to
establish the India 5G testbed at the Indian Railway Institute of Signal Engineering and Telecommunications (IRISET) in Secunderabad so as to accelerate the indigenisation efforts of Indian Railways in the field of communications and create a testing facility for Indian Railways.Solution
The Ministry of Railways and the Indian Institute of Technology Madras (IIT Madras) signed an MoU to establish the India 5G testbed at the Indian Railway Institute of Signal Engineering and Telecommunications (IRISET) in Secunderabad. The MoU between IRISET and IIT-Madras aims to accelerate the indigenisation efforts of Indian Railways in the field of communications and create a testing facility for Indian Railways. The Indian Railways aims to leverage the potential of 5G technology to enhance its operational efficiency, passenger experience and overall safety.
In case of mutually exclusive projects having uneven cash flows and when the result of NPV and IRR are conflicting; NPV is a better method because:
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