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In July 2020, India and the UK jointly announced a medicinal research fund worth 8 million pounds. What was the ratio of the UK's contribution to India's contribution in this fund?

1. 1 : 3
2. Equal share (1 : 1)
3. 1 : 2
4. 2 : 1

Correct answer: Equal share (1 : 1)

Solution

The India-UK joint medicinal research fund of GBP 8 million announced in July 2020 was split on a 50-50 basis, making the UK-to-India contribution ratio 1:1. Neither country contributed more than the other.

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