Current Affairs

GK MCQs Section

Page-2 of Trade Deficit

Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD

On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous...

March 16, 2020

US removed “Developing” Tag for India: What are its implications?

Recently, the United States of America removed the “developing” tag for dozens of countries. India is one amongst them. These countries are to be classified as developed economies...

February 17, 2020

India to partially open up Poultry and Diary Markets to imports from US

Ahead of President Trump’s visit by the end of February 2020, GoI has announced that it is to partially open the poultry and Diary market to imports from...

February 14, 2020

Trade Deficit with China declines Marginally in 2019

As India’s biggest single or bilateral trade deficit is with China over the last few decades which reached USD 58.04 billion in 2018, The Vice Minister of General...

January 15, 2020

India to set strict restrictions on non-essential imports from China

Ministry of Commerce and industry has announced that 371 items from China will get strict restriction from March 2020. The move aims at curbing imports of non-essential items...

January 3, 2020

India withdraws from RCEP

On November 4, 2019, India decided against joining Regional Comprehensive Economic Partnership (RCEP) trade deal as India did not receive any credible assurance on market access and non-tariff...

November 6, 2019

How India can reap the benefits of US-China Trade War?

The report from the Ministry of Commerce and Industries provides insights about the opportunities for India from the US-China trade war: The ongoing US-China trade provides a big...

June 17, 2019

Strategy Paper of Ministry of Commerce to bridge Trade Deficit with China

The Strategy Paper of the Ministry of Commerce has outlined measures to bridge the trade deficit with China. India’s Trade Deficit with China Over the last decade, India’s...

May 25, 2019

US Plans To End India’s Preferential Trade Status

President Trump notified the Congress his intent to terminate trade benefits for both India and Turkey under the Generalized System of Preference (GSP) eligibility criteria. India and GSP...

March 6, 2019

Afghanistan Launches New Export Route to India through Chabahar Port

Afghanistan has launched a new export route to India through the through the Chabahar Port of Iran. 23 trucks carrying 57 tonnes of dried fruits, textiles, carpets and...

February 25, 2019

Archives

Archives

Archives