Current Affairs

GK MCQs Section

Topic: Trade wars

United Nations: Consensus Resolution for equitable access to future vaccines

On April 21, 2020, the United Nations adopted a consensus resolution. The resolution called for equitable, efficient and timey access to future vaccines developed to fight against COVID-19....

April 21, 2020

GoI to launch “TILHAN Mission” to make India Self Reliant in oil seed Production

On February 19, 2020, the Agricultural Minister Narendra Singh Tomar announced that Government of India is to launch “TILHAN MISSION” to boost the oil seed production. The announcement...

February 20, 2020

Economic Survey suggests “Assemble In India Model” to create 80 million jobs

The Economic Survey 2019-20 suggests a new idea of “Assemble in India” model to create 80 million jobs in the country. The model will also help India achieve...

February 1, 2020

US labels China a Currency Manipulator

The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade war between the two countries. The US has alleged that...

August 7, 2019

Government extends deadline for imposing duty hike on 29 US products by 45 days

Union Finance Ministry has further extended deadline on imposing import duty hike on 29 products, imported from United States (US) by 45 days till September 18, 2018 from...

August 6, 2018

US slaps 25% tariff on $50 billion worth of Chinese goods

United States has slapped stiff 25% tariff on US $50 billion worth of Chinese goods. It has accused China of intellectual property (IP) theft and unfair trade practices....

June 16, 2018

US challenges India’s export subsidy programmes at WTO

The US Trade Representative (USTR) has challenged Indian export subsidy schemes at World Trade Organisation (WTO), saying these programmes harm its manufacturing sector and workers by creating an...

March 15, 2018

US move to raise import duty on steel may hit India’s steel market: ISA

According to Indian Steel Association (ISA), proposal by Trump administration to levy steep tariff on steel imports may hit India’s domestic steel market. Recently, US had proposed to...

March 8, 2018

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