The 6th BIMSTEC Summit (2025) marked a significant milestone in regional cooperation, with India playing a pivotal role in shaping the agenda. What is BIMSTEC? BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional bloc of 7 nations: South Asia: India, Bangladesh, Bhutan, Nepal, Sri Lanka Southeast Asia: Myanmar, Thailand…
Multiple Choice Questions (MCQs) with Answers 1. Where was the 6th BIMSTEC Summit held on 04 April 2025? a) New Delhi (India) b) Bangkok (Thailand) c) Kathmandu (Nepal) d) Colombo (Sri Lanka) Answer: b) Bangkok (Thailand) 2. What was the theme of the 6th BIMSTEC Summit? a) “BIMSTEC – Sustainable Growth & Innovation” b) “BIMSTEC…
National News BIMSTEC Summit in Bangkok (Thailand) Prime Minister Narendra Modi (India) attended the 6th BIMSTEC Summit with the theme “BIMSTEC – Prosperous, Resilient and Open.” Key Outcomes: Adoption of Bangkok Vision 2030 and endorsement of the Eminent Persons’ Group Report for future collaboration. India-Japan 7th Maritime Dialogue Focused on strengthening naval cooperation, countering illegal…
Multiple-Choice Questions Who announced a 10% blanket tariff on all imported goods recently? a) Joe Biden b) Donald Trump c) Xi Jinping d) Rishi Sunak Answer: b) Donald Trump Which country’s President, Gabriel Boric, recently concluded a five-day state visit to India? a) Brazil b) Argentina c) Chile d) Mexico Answer: c) Chile What was…
International News Global Trade Tariffs by Donald Trump U.S. President Donald Trump announced sweeping tariffs, including a 10% blanket tariff on all imported goods and country-specific tariffs like 54% on China. This move is expected to trigger global economic uncertainty and protectionism. (Capital: Washington D.C.) Myanmar Earthquake Relief Efforts Myanmar’s ruling military junta declared a…
The Reserve Bank of India (RBI), India’s central bank, has played a pivotal role in shaping the nation’s financial and economic landscape since its inception. Below is a detailed account of its history, organized for quick reference. Key Historical Milestones of RBI Year Event 1926 The Hilton-Young Commission recommended the establishment of a central bank….
Which country recently announced ‘Liberation Day’ tariffs on imports to protect its domestic industries? a) China b) United States c) India d) Japan Answer: b) United States What was the primary focus of the military drills conducted by China near Taiwan recently? a) Strengthening trade relations b) Deterrence against pro-independence forces c) Environmental protection exercises…
International News Donald Trump Unveils ‘Liberation Day’ Tariffs U.S. President Donald Trump announced sweeping reciprocal tariffs on imports, marking April 2 as “Liberation Day” for American industry. The tariffs include a 10% baseline on all imports and higher rates for countries with significant trade deficits with the U.S. (Washington). Key affected nations include China (34%),…
The history of banking in India is a fascinating journey that reflects the country’s economic evolution. From ancient practices like usury to the modern digital banking era, the Indian banking system has undergone significant transformations. This article provides an in-depth overview of the key milestones in the history of banking in India, organized for easy…
The Waqf (Amendment) Bill, 2024, has been a focal point of debate in Indian parliamentary proceedings. Introduced to address longstanding challenges in the management of Waqf properties, the bill proposes significant amendments to the Waqf Act, 1995. Below is an in-depth analysis of the bill’s objectives, provisions, controversies, and its potential implications. What is the…
