International Labour day Subject: International relations Section: Msc International Labour Day also known as May Day is celebrated by organising marches. Content: The origin of Labour Day can be traced back to the United States of America in the 19th Century. May 1 in particular was chosen as the date to mark Labour […]
FM endorse the Paris-based Financial Action Task Force’s strategic priorities for the years 2022-24 Subject: International Relations Section: IR Context: The Strategic Priorities for the FATF for 2022-24 are: Strengthen the FATF Global Network, FATF systems of Mutual Evaluations, Enhance International Beneficial Ownership Transparency, Increase Capabilities to more effectively recover Criminal assets, Leverage […]
Spring meeting of IMF and WB Subject: International Relations Section: IR Concept: MF Quota Each IMF member country is assigned a quota, or contribution, that reflects the country’s relative size in the global economy. Each member’s quota also determines its relative voting power as well as its borrowing capacity. Quotas are denominated in […]
China militarizing South China Sea Subject: International Relations Section: Maps Context: According to a top US military commander China has fully militarized at least three of several islands it built in the disputed South China Sea, arming them with anti-ship and anti-aircraft missile systems, laser and jamming equipment and fighter jets in an increasingly […]
Article 24 of GATT Subject: International relations Section: International Organisation Context: India negotiating FTAs Concept: Article 24 is a provision of the General Agreement on Tariffs and Trade (GATT). The GATT is a World Trade Organisation (WTO)agreement aimed at reducing tariffs and other barriers to trade in goods across the world. Ordinarily, under WTO […]
BEIJING WINTER OLYMPICS TOPIC: International Relations Context- India has announced a diplomatic boycott of the Beijing Winter Olympics. Concept- Other countries which announced boycott include the USA , United Kingdom, Australia, New Zealand, Canada, Japan, New Zealand and the Netherlands. What is a diplomatic boycott? It simply means these countries will not send […]
C TAP Subject – International Relations Context –WHO praising India for record vaccination Concept – In May 2020, WHO and partners launched the COVID-19 Technology Access Pool (C-TAP) to facilitate timely, equitable and affordable access of COVID-19 health products by boosting their supply. C-TAP provides a global one-stop shop for developers of COVID-19 […]
BRICS Agriculture Research Platform Subject: International relations Context: The Ministers of Agriculture of the Federative Republic of Brazil, the Russian Federation, the People’s Republic of China and the Republic of South Africa deliberated virtually on the theme “BRICS Partnership for Strengthening Agro Biodiversity for Food and Nutrition Security”. Concept: BRICS (Brazil, Russia, India, […]