Currency Manipulator

The United States has again included India in its monitoring list of countries. These countries are with potential of “Currency Manipulation” and “Questionable Foreign Exchange Policies”. What is Currency Manipulator? The US Government names a country as currency manipulator if it believes that the country is engaging in unfair trade practices. According to the US, ..

Month: Current Affairs - December, 2020

Category: Economy & Banking Current Affairs • International Current Affairs

Topics: Currency • Currency Manipulation • currency manipulator • Foreign exchange • India-US • trade surplus

Mutual Educational and Cultural Exchange Act

Mutual Educational and Cultural Exchange Act of 1961 seeks to promote educational and cultural exchange between the US and other countries in a bid to enhance mutual understanding of the US people and the people of other countries. The US State Department has recently ended 5 cultural exchange programmes with China under this Act. These ..

Month: Current Affairs - December, 2020

Category: Art & Culture Current Affairs • International Current Affairs

Topics: China-US • Cultural Exchange • India-US • Indian Council for Cultural Relations • Mutual Educational and cultural Exchange Act

India-USA MoU on Intellectual Property cooperation

India and the United States recently signed the Memorandum of Understanding on Intellectual Property Cooperation. The agreement was signed between the Department for Promotion of Industry and Internal Trade (DPIIT) and United States Patent and Trademark Office (USPTO). The agreement will increase the Intellectual Property Cooperation between the countries. The agreement was signed after ten ..

Month: Current Affairs - December, 2020

Category: International Current Affairs

Topics: DPIIT • India-Denmark • India-US • India-US Dialogue on Intellectual Property • Intellectual Property • Memorandum of Understanding (MoU)

India-US extend MoU for Cooperation on Nuclear Energy

India and the United States have extended the Indo-US Civil Nuclear Energy agreement for another ten years. The agreement is also called the 123 agreement. India buys the nuclear material from United States based on this agreement. The extension of the agreement was signed at the Global Centre for Nuclear Energy Partnership (GCNEP). India-US Civil ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: India-US • Indo-US Nuclear deal • Nuclear Agreement • Nuclear energy • Nuclear Non proliferation Treaty • Nuclear Suppliers Group • Uranium

Sudan removed from State sponsors of Terrorism List

On November 9, 2020, Sudan was removed from the list of State Sponsors of Terrorism. India has welcomed its removal. Also, India welcomed the normalisation of Sudan’s relations with Israel. Sudan-Israel After UAE, Bahrain, Sudan became the third country to normalise its relations with Israel in the last two months. On October 23, 2020, Sudan ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: Civil War • India-US • state sponsors of terrorism list • Sudan • Terrorism