CLEAN : UK Chancellor Hammond speaks at UK India Fintech summit

The video discusses the potential for a strong partnership between the UK and India, focusing on shared history, legal systems, and language. It highlights the significant growth in the tech sector, particularly in India, with its large number of smartphone users. The video emphasizes the importance of strategic collaboration in areas like Fintech to maximize economic benefits for both countries.

What are the foundational elements of the partnership between the UK and India?

• Shared history, legal system, and language

• Geographical proximity

• Identical political systems

• Similar climate

How does the number of smartphone users in India compare to the UK population?

• Twice the UK population

• Less than the UK population

• Equal to the UK population

• Over three times the UK population

Why is the tech sector considered a high growth area for UK-India collaboration?

• Because both countries have similar climates

• Because of the UK's larger population

• Due to India's large number of smartphone users

• Due to identical political systems

What is the focus of the strategic partnership between the UK and India?

• Maximizing collaboration in innovation

• Standardizing education systems

• Reducing trade barriers

• Increasing tourism

Which area of innovation is highlighted as particularly exciting for UK-India collaboration?

• Automobile industry

• Agriculture

• Fintech

• Textile manufacturing