Current Affairs

GK MCQs Section

Trade war

IMF calls for reforms of China’s Growth model

The International Monetary Fund says that the potential growth of China is falling. The country is in need of comprehensive economic reforms. The international organization has made this...

February 11, 2023

EU bans Russian oil

The Russia-Ukraine crisis intensified as Ukrainians wanted their government to join European Union. Though the issue revolved around the Crimean peninsula and its annexation by Russia, the issue...

February 6, 2023

China’s Lithuania Blockade

The Chinese Government recently launched import sanction on Lithuania. This means the Chinese companies should not import goods or raw materials from Lithuania. Earlier in 2021, Lithuania had...

January 30, 2022

Japan to join Five Eyes Network

The Five Eyes network comprises of five nations namely Australia, Canada, Britain, US and New Zealand. Japan is now to join the Five Eyes network to become the...

December 29, 2020

US to impose Sanctions on China over its Hong Kong Law

On June 26, 2020, the US Senate approved the bill unanimously to impose sanctions on individuals and business that are undermining the autonomy of Hong Kong. What is...

June 27, 2020

US joins G7 partnership on Artificial Intelligence

The Leaders of Group of the seven wealthiest countries in the world had set up Global Partnership on Artificial Intelligence. Highlights The United States was not a part...

May 29, 2020

COP25 cancelled

On October 30, 2019, the Chile Government cancelled the Asia-Pacific Economic Cooperation (APEC) summit and the COP25 conference due to the ongoing protests in the country. The country’s...

November 1, 2019

US widens trade war with European states; Indian Sensex dips 200 points

The US imposed tariffs on 7.5 billion USD worth European exports. The WTO had earlier ruled that US could target goods from EU nations as they had failed...

October 4, 2019

Boosting Private Investment

The budget 2019-20 has reduced the corporate tax rate (CTR) from 30 per cent to 25 per cent for all firms with a turnover of Rs 400 crore....

July 13, 2019

India notifies higher tariffs on 29 items imported from US

India has notified higher tariffs on 29 items imported from United States (US). This is was in retaliation against US announcement imposing tariffs on steel and aluminium items...

June 22, 2018

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