Korea Current Affairs, GK & News

GoI: Anti-Dumping Duty imposed on steel from China, South Korea and Vietnam

The Government of India recently imposed anti-dumping duty on the steel imported from China, South Korea and Vietnam. Highlights The duty has been imposed on steel products that are imported from these countries below its associated normal value. This is causing the dumping and leads to unfair trade in India. The issue was found by ..




March first movement

The March first movement was the earliest Korean resistance against the Japanese rule between 1910 and 1945. The name refers to the events that occurred on March 1, 1919 and hence the name. It was also known as San – il movement. Sometimes the movement is also referred as Man – se Demonstrations. Inspired from ..


North Korea carries out Super-Large Multiple Rocket Launcher Test

The Korean Central News Agency which is the official broadcaster of North Korea has reported that North Korean leader Kim Jong-Un oversaw the test-firing of a “super-large multiple rocket launcher”. Super-Large Multiple Rocket Launcher The “super-large multiple rocket launcher” was first tested in an exercise observed by Kim Jong about two weeks ago. The present ..


Structural Challenges with Indian Tax Regime

The Indian tax regime is said to be under a myriad of structural challenges. India has one of the highest effective corporate tax rates and personal income tax is highly skewed against the rich who account for a lower amount of revenue realisation. Personal Income Tax Rates The budget 2019-20 has again increased the personal ..


Korean Demilitarised Zone

A 4 km wide and 240 km long region which divides the Korean Peninsula into the Democratic People’s Republic of Korea on the north and Republic of Korea on the south is referred to as Korean Demilitarized Zone (DMZ). The meeting between US President Donald Trump and North Korean leader Kim Jong-Un was held at DMZ. ..