International Current Affairs MCQs

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India and the U.S. launched the U.S.-India COMPACT initiative to boost defense, trade, and technology ties. COMPACT stands for Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology for the 21st century. It aims to strengthen the U.S.-India Comprehensive Global Strategic Partnership. Focus areas include defense collaboration, co-production, and technology exchange. The initiative targets $500 billion in bilateral trade by 2030 (Mission-500). Key sectors include AI, cybersecurity, semiconductors, and space exploration. This marks a major step in advancing Indo-U.S. cooperation across strategic areas.

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PM Modi, during his U.S. visit, introduced “MIGA”, inspired by Trump’s “MAGA.” ‘Maga’ refers to ‘Make America Great Again,’ while ‘Miga’ stands for ‘Make India Great Again.’ He called MIGA and MAGA a “mega partnership for prosperity.” India is focused on heritage and development, aiming for Viksit Bharat 2047. India is not neutral but supports peace in the Russia-Ukraine conflict. India and the U.S. aim to double bilateral trade to $500 billion by 2030.

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India and the U.S. launched the TRUST (Transforming Relationship Utilizing Strategic Technology) initiative to boost cooperation in critical minerals like lithium and rare earth elements. Announced during PM Modi’s visit to Washington, it aims to strengthen supply chains for essential materials. The initiative focuses on critical minerals, advanced materials, and pharmaceuticals. It aims to reduce barriers to technology transfer by streamlining regulations. It seeks to address export controls for smoother trade in strategic resources. It also promotes high-tech commerce, enhancing collaboration in advanced sectors.

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Bangladesh marks February 25 as National Military Martyrdom Day, announced by the interim government on February 23, 2025. The day commemorates the February 25-26, 2009 Pilkhana killings, where 74 military personnel, including 57 army officers, died in a failed mutiny by the Bangladesh Rifles (BDR). The mutineers looted weapons and attempted a coup but were crushed. The interim government, led by Prof. Muhammed Yunus, has ordered a fresh probe, led by A.L.M Fazlur Rahman, into the mutiny.

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The International Finance Corporation (IFC) has decided not to invest in a proposed $40 million loan for waste-to-energy (WTE) incineration projects in Gujarat. IFC is the private lending arm of the World Bank, established in 1956 to support economic development. It provides financing and advisory services to private enterprises in developing countries. IFC mobilizes capital from other lenders through loan participations and parallel loans. It is owned and governed by member countries, with the World Bank Group President also serving as its President. Its headquarters is in Washington, D.C.

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Denmark announced the Green Transition Alliance India (GTAI) initiative in February 2025. The GTAI is an initiative to strengthen collaboration between Denmark and India on sustainable energy solutions. The goal is to accelerate the commitment to global carbon neutrality.

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The Wallace Line is an invisible boundary separating Asian and Australian animal species. It was first identified by English naturalist Alfred Russel Wallace in the 19th century. The line runs through the Malay Archipelago, between Bali and Lombok, and between Borneo and Sulawesi. Asian side species (Borneo, Bali) resemble mainland Asian animals like tigers and monkeys. Australian side species (Sulawesi, Lombok) resemble Australian wildlife like kangaroos and cuscuses. Scientists now view it as a transition zone rather than a strict boundary. Climate change and habitat destruction threaten these ecosystems and species adaptation.

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The United States plans to build a Golden Dome missile defense system. Golden Dome is a missile defense program of the USA. It aims to protect against ballistic, hypersonic, and cruise missiles and other advanced aerial threats. The system is inspired by Israel’s Iron Dome missile defense system. Iron Dome is a multi-layered system designed to intercept short-range threats effectively.

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Mark Carney won the leadership of Canada’s Liberal Party with 86% of the vote and will become Prime Minister after Justin Trudeau’s resignation. His tenure begins amid a trade war with the US, where President Trump has imposed tariffs and threatened to annex Canada. Carney vowed to uphold Trudeau’s C$30 billion retaliatory tariffs until the US respects Canada. Born in 1965, he studied economics at Harvard and Oxford and worked at Goldman Sachs. He served as Governor of the Bank of Canada (2008) and the Bank of England (2013), managing financial crises and Brexit.

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China, Iran, and Russia conducted joint naval drills in the Middle East as a show of force. The drills, called Maritime Security Belt 2025, took place in the Gulf of Oman, near the Strait of Hormuz. The Strait is a key global oil trade route, where Iran has previously seized commercial ships and launched suspected attacks. This was the fifth year of the joint drills.