Page-17 of GS-II: Bilateral Regional and Global Groupings and Agreements

India has recently signed to become founding a New Development Bank (NDB) and also the Asian Infrastructure Investment Bank (AIIB) .How will the role of the two Banks be different? Discuss the significance of these two Banks for India.

The NDB and the AIIB are both international financial institutions that are in the early stage of their existence. While the NDB is formed and will lend to only the members of the emerging countries grouping BRICS, which stands for ..

Topics: 

The aim of Information Technology Agreements (ITAs) is to lower all taxes and tariffs on information technology products by signatories to zero. What impact should such agreements have on India's interests?

ITAs cover software, hardware, computers, telecommunications and electronic equipment, semiconductors etc. India was part of the WTO-led ITA-I which came into force in 1996, but has stayed away from talks to clinch ITA Phase II. ITA-I had an adverse impact ..

Topics: 

Some of the International funding agencies have special terms for economic participation stipulating a substantial component of the aid to be used for sourcing equipment from the leading countries. Discuss on merits of such terms and if, there exists a strong case not to accept such conditions in the Indian context.

As a developing country with a growing economy, India has a responsibility to its people to put the needs of the nation before all else. Through recent campaigns such as ‘Make in India’, focus is again being placed on growth ..

Topics: 

Give a brief overview of BIMSTEC explaining its significance for India.

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a�regional organization which consists of seven Member States. All members are lying in the adjacent areas of the Bay of Bengal. About BIMSTEC It came into being on ..

Topics: 

G-20 is an important platform for pressing issues and India should lead in making G-20 more effective in dealing with some inequities of the system. Has G-20 become more pronounced for its bilateral meetings than the main summit? Comment.

G-20 in recent years has come to be watched for the meetings which happen on its sidelines than the ones which occur for substantive outcomes of the group. The group accounts for 85% of the GDP of the world and ..

Topics: