Current Affairs

GK MCQs Section

global trade

Sustainable Trade Index 2024

Sustainable trade is gaining prominence globally as economies are adapting post-pandemic. Countries are facing health crises, climate change, and geopolitical tensions. Resilience is crucial for recovery and many...

November 20, 2024

Global Freight Summit 2024

The Global Freight Summit 2024 commenced in Dubai on November 18, marking its third edition since 2022. Hosted by DP World, the event will conclude on November 20...

November 19, 2024

OECD Services Trade Restrictiveness Index-STRI

The Organization for Economic Cooperation and Development recently released the Services Trade Restrictiveness Index. India ranked 47th. Last year, India was in the 46th position. Unfortunately, India remains...

February 17, 2023

UNCTAD on Global Trade in 2021

According to UNCTAD’s Global Trade Update published on February 17th, global trade in goods continued strong in 2021, and trade in services finally returned to the levels of pre-COVID-19. Global...

February 19, 2022

What is Suez Canal Blockade?

A container ship called the “Ever Given” recently ran aground in the Suez Canal. This blocked more than 400 ships from transiting the canal. The blockage created huge...

April 3, 2021

Plastic Parks Scheme: Key Facts

The Ministry of Chemicals and Fertilizers has recently approved to set up ten plastic parks in the country. The parks are being set up under the Plastic Park...

September 24, 2020

Tax Heads of BRICS met through Video Conference

On May 29, 2020, the Heads of Tax authorities of BRICS met through video conference. The Conference was hosted by Russia. Highlights The meeting was attended by the...

May 30, 2020

India has the third-highest trade-related illicit financial flow globally

US-based think tank Global Financial Integrity (GFI) recently released a report titled “Trade-related Illicit Financial Flows in 135 Developing Countries: 2008-2017”. As per the report, five countries with...

March 4, 2020

India seeks to push reforms at WTO

The Ministry of Commerce and Industries is arranging a mini-ministerial meeting of developing countries on May 13-14 to discuss the future of the multilateral body, World Trade Organisation...

April 10, 2019

IMF, World Bank and WTO launch Reinvigorating Trade and Inclusive Growth Report

International Monetary Fund (IMF), World Bank and World Trade Organization have collectively launched report “Reinvigorating Trade and Inclusive Growth”. In this report all three international organisations have sought...

October 1, 2018

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