Daily Practice Sheet 26 October 2020

  • October 26, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPS
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Daily Prelims Topic

  • Global Wealth Report
  • Political Funding
  • Tariff and Non-Tariff Trade Barrier
  • Emergency Credit Line Guarantee Scheme for MSME’s.
  • Aenigmachanna Gollum
  • Scheme to boost exports

Daily Facts

  • India’s share in the merchandise export at the time of the independence in 1947 was 2.2%. It dropped to 0.5% in 1983 and marginally raised to 0.7% in 2000. Currently India’s share in worlds’ export is around 1.7%.
  • In 2000, India’s total trade was $ 103 bn , in 2010 it was $ 525 bn and in 2020 it is around $ 787 bn

Daily Mains Mantra

NEWSPAPER

GS 2: IR

  1. Discuss the geo political and geo economic dimension of COVID-19. [Source: Yojna Oct 2020]
  2. Is global trade still the best vehicle of development? In this context, discuss the need for reform of WTO. [Source: Yojna Oct 2020]
  3. What is the mandate of WTO? Discuss the challenges faced by WTO. [Source: Yojna Oct 2020]
  4. Discuss the changing world order post disintegration of USSR.
  5. Deeper external engagement is important for boosting exports. In this context explain the significance of Global value Chain and Network products.
Daily Practice Sheet