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NO NSG WAIVER FOR INDIA, SAYS NEW ZEALAND DEPUTY PM

Why in news? The path ahead for the Citizenship (Amendment) Act (CAA) is yet “unknown”, said New Zealand Deputy Prime Minister Winston Peters, who raised the issue with the government during his visit to Delhi in the last week of February 2020. Details of the visit This visit was regarding bilateral trade and multilateral cooperation […]

U.S. STRIKES A DEAL WITH TALIBAN TO END 18-YEAR-LONG AFGHAN WAR

Why in news? The U.S. signed a deal with the Taliban on 29th February 2020 that could pave way for a full withdrawal of foreign soldiers from Afghanistan over the next 14 months. This represents a step towards ending the 18-year-war in the nation. Taliban leader calls it ‘day of victory’; Pompeo says victory will […]

V2C4: MONETARY MANAGEMENT AND FINANCIAL INTERMEDIATION

BASIC TERMS Neutral Monetary policy: Neutral Monetary policy refers to the central bank  (read RBI) keeping such rate or range of rates, which are consistent with full  employment, trend growth, and stable prices. An economy in this state  doesn’t need to be stimulated or slowed by monetary policy. Accommodative Monetary policy: An Accommodative monetary policy […]

V2C3: EXTERNAL SECTOR

IMPORTANT TERMS: Import elasticity of exports: An analysis of the relationship between exports of finished goods and imports of raw materials and intermediate goods for India is being undertaken. Net International Investment Position (NIIP): NIIP measures the gap between a nation’s stock of foreign assets and foreigner’s stock of that nation’s assets at a specific […]

13th April – Editorials/Opinions Analyses

Contents Wanted, a collective national endeavour WTO expects global goods trade volume to slump by as much as 32% Women’s safety during lockdown WANTED, A COLLECTIVE NATIONAL ENDEAVOUR Focus: GS-III Disaster Management Some excerpts from the article on “What can be done?” We are all in it together and representatives of all political parties should […]