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      Question

      What is the purpose of the memorandum of understanding (

      MoU ) signed between India and the United States in relation to the semiconductor industry?
      A To establish a sub-committee for promoting US semiconductor companies in India Correct Answer Incorrect Answer
      B To establish a semiconductor supply chain and innovation partnership Correct Answer Incorrect Answer
      C To regulate the export of Indian semiconductors to the United States Correct Answer Incorrect Answer
      D None of these Correct Answer Incorrect Answer

      Solution

      Explanation: The MoU aims to create a semiconductor sub- committee under the Commercial Dialogue between the U. S. Department of Commerce and India’ s Ministry of Electronics and Information Technology ( MeitY) and the Ministry of Commerce, with the goal of establishing a semiconductor supply chain and innovation partnership.

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