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(PRELIMS & MAINS Focus)


Geneva Package

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Syllabus

In News: The recently held 12th Ministerial Conference of the WTO agreed to a series of deals relating to the temporary waivers on Covid-19 vaccines, a moratorium on e-commerce trade, food security and setting limits on harmful fishing subsidies.

Ministerial Conference

Key takeaways

Curtailing harmful fishing subsidies

Note:

Global Food Security

Covid-19 vaccine production

E-commerce transactions

India’s interest secured

 Current moratoriums on electronic transmissions been extended

Source: The Hindu, Indian Express

Previous Year Questions

Q.1) Consider the following statements: (2016)

  1. India has ratified the Trade Facilitation Agreement (TFA) of WTO.
  2. TFA is a part of WTO’s Bali Ministerial Package of 2013.
  3. TFA came into force in January 2016.

Which of the statements given above is/are correct?

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. 1, 2 and 3

West Seti power project

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In News: India will be taking over an ambitious hydropower project in Nepal — West Seti — nearly four years after China withdrew from it

India -Nepal power relations

West Seti success is expected to restore India’s image in Nepal and give it weightage in future considerations for hydropower projects, when competition is bound to be tough. West Seti, therefore, has the potential to be a defining model for Nepal India’s power relations in future.

Source: Indian Express

Previous Year Questions

Q.1) Recently, India signed a deal known as ‘Action Plan for Prioritization and Implementation of Cooperation Areas in the Nuclear Field’ with which of the following countries? (2019)

  1. Japan
  2. Russia
  3. The United Kingdom
  4. The United States of America

India- Bangladesh relations

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In News: 7th round of India-Bangladesh Joint Consultative Commission was held recently

India-Bangladesh relations

India was one of the first countries to recognize Bangladesh and establish diplomatic relations immediately after its independence in December 1971

Economic Relations:

Connectivity:

Cooperation over Rivers:

Defence Cooperation:

Medical tourism

Co operation in multilateral platforms

Recent Advancements

Challenges

The Teesta river water dispute:

The issue of Illegal migrants:

China Factor

Other issues

Way forward

Good relation between India and Bangladesh is essential for the development of North-east region, exploring the Indo-Pacific region and for greater connectivity to South Asian countries.

Source: The Hindu


Places in News

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Sierra de la Culebra

Oromia

Source: Indian Express

Previous Year Questions

Q.1) Consider the following pairs: (2022)

Regions in News             Country

  1. Anatolia –                       Turkey
  2. Amhara –                       Ethiopia
  3. Cabo Delgado –              Spain
  4. Catalonia –                       Italy

How many pairs given above are correctly matched?

  1. Only one pair
  2. Only two pairs
  3. Only three pairs
  4. All four pairs

Food Security

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Context: Supply disruptions during the pandemic and the Russia-Ukraine war have led many nations to think about self-sufficiency in critical food items

Stats

National Edible Oil Mission-Oil Palm (NEOM-OP) in 2021

Features:

Significance of the Scheme:

Concerns

Way Forward

Source: Indian Express


Petty patents to boost R&D

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Context: A petty patents regime could encourage domestic enterprises to undertake minor adaptive innovations

Stats

R&D

Innovation

What’s need to be done to boost the R&D activities of Indian enterprises?

Partial funding

Petty patents

India’s rising rank in the global innovation league suggests its potential, opportunity, and stakes in boosting the R&D culture among business enterprises to strengthen their competitiveness. R&D funding and petty patents could help India climb the ladder.

Source: The Hindu


Daily Practice MCQs

Daily Practice MCQs

Q.1) Consider the following statements

  1. The Ministerial Conference is the WTO’s top decision-making body
  2. In the 12th Ministerial Conference multilateral agreement to curb harmful subsidies on illegal fishing was signed by member countries

Choose the correct statements:

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Q.2) Which of the below given pairs are correctly matched?

Places in News Country
1. Oromia Spain
2. Sierra de la Culebra Portugal
3. Luhansk Moldova

Choose the correct code:

  1. 1 and 2
  2. 1 only
  3. 2 only
  4. None

Q.3) In which of the following country is India has undertaken West Seti power project?

  1. Bhutan
  2. Bangladesh
  3. Nepal
  4. Sri Lanka

Baba’s Explainer – FATF & Pakistan

FATF & Pakistan

Syllabus

Context:

Recently, Pakistan got a reprieve from the Financial Action Task Force (FATF) as FATF announced that the country could be removed from the grey list.

Read Complete Details on FATF & Pakistan


ANSWERS FOR 18th JUNE 2022 – Daily Practice MCQs

Answers- Daily Practice MCQs

Q.1) – c

Q.2) – c

Q.3) – a

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