Source: DH Context: India abstained from an IMF vote approving new financial assistance to Pakistan and raised concerns over Pakistan’s repeated misuse of IMF funds, and its poor reform record linked to cross-border terrorism risks. About International Monetary Fund (IMF): What is the IMF? The International Monetary Fund (IMF) is a global financial institution that …
Source: TH Context: The International Monetary Fund (IMF) has issued a warning to the Maldives, emphasizing the urgent need for stronger fiscal consolidation to address the nation’s economic challenges. About the Maldives: Location: The Maldives is an archipelagic nation in the Indian Ocean, situated southwest of Sri Lanka and India, approximately 750 kilometres from the …
UPSC CURRENT AFFAIRS – 23 October 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Context: The International Monetary Fund (IMF) has released its World Economic Outlook (WEO) at the Annual Meetings in Washington, projecting growth rates and economic trends globally. Data from World Economic Outlook: India’s growth: Projected growth for FY 2024-25: 7% Projected growth for FY 2025-26: 6.5% Decline from 8.2% in 2023 attributed to the normalization of …
GS2/GS3 Paper Syllabus: International Institutions and their working Source: IE Context: The article discusses that in the absence of significant governance reform, global financial safety institutions such as World Bank and IMF are losing effectiveness. What are Multilateral development banks (MDB)? They are international financial institutions for the purpose of encouraging economic development in …
GS Paper 2 Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate Source: CGDEV Context: An Independent Expert Group (IEG) that was commissioned by the Indian G20 Presidency has released the ‘Strengthening Multilateral Development Banks: The Triple Agenda’ report. What are Multilateral Development Banks (MDBs)? An MDB is an international financial …
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GS Paper 2 Syllabus: International Relations Source: TH Context: Sri Lankan President announced that the country had cleared the last hurdles to be approved for a $2.9 billion bailout from the IMF. Background: The country has been reeling from the covid crisis, economic mismanagement by the Rajapakse regime, mounting debts → soaring inflation …
Continue reading “Sri Lanka’s recovery | The significance of India’s support”
InstaLinks : help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …
Continue reading “[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 1 February 2023”
InstaLinks : help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …
Continue reading “[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 27 January 2023”
Click on EACH question to post/upload you answers. How to Follow Secure Initiative? How to Self-evaluate your answer? MISSION – 2022: YEARLONG TIMETABLE Join IPM 4.0 to get an assured review of 2 secure answers everyday General Studies – 1 Topic: Social empowerment 1. There have been various efforts towards securing a life of …
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The International Monetary Fund (IMF) needs to recognise the changing economic dynamics of developing countries and undertake restructuring and reforms accordingly. Comment. (250 words) Difficulty level: Moderate Reference: InstaPedia Key Demand of the question: To write about how …
GS Paper 2 Topics Covered: Important International Institutions. Context: International Monetary and Financial Committee meeting was held recently. The meeting was attended by Governors/Alternate Governors representing 190-member countries of the IMF. The discussions at the meeting centered on “vaccinate, calibrate and accelerate” which is the theme of the Managing Director’s Global Policy Agenda. The members …
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Context: Over the past week, a big part of the focus on the IMF has been due to the controversy surrounding its Managing Director’s role in the alleged rigging of the World Bank’s Ease of Doing Business Rankings while she was the chief executive at the Bank. But, away from the controversies, the …
Continue reading “Insights into Editorial: Why recovery in employment may lag the recovery in GDP”
Insights IAS Prelims Boosters – 2018 (Hangul and IMF) These are precise facts that will add value to your preparation. These boosters will help you remember important facts. These fact sheets are based on important topics that were in news. These are prepared keeping in mind only Prelims requirement. We will post daily …
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EC, ECB and IMF have agreed to bail out Greece second time in two years now. Offering it a package of $170 billion to allow it to repay some of its debt and keep its banks afloat with some capital in them. But, this bail out has come at a cost – humiliation and promise …
