International

At the fourth BRICS Summit in New Delhi (2012), the leaders of Brazil, Russia, India, China and South Africa considered the possibility of setting up a new Development Bank  to mobilize resources for infrastructure and sustainable development projects in BRICS  and other emerging economies, as well as in developing countries. They directed Finance  Ministers to … Read more DMPQ-What is new development bank? Also mention the main objectives of the bank.

For more than 100 days, tensions have been high between India and China along their disputed Himalayan border. This tension has been most acute in eastern Ladakh, where, in mid-June, 20 Indian soldiers and an unspecified number of Chinese soldiers were killed in the Galwan Valley, the first fatalities along the de facto Line of … Read more DMPQ- How Ladakh conflict has completely derailed India-China diplomatic relations?Also suggest a way forward for these two diplomatic partners.

. Fifteen countries have formed the world's largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Australia and New Zealand. The pact is seen as an extension of China's influence in the … Read more DMPQ- What is RCEP ? Analyze the economic implications for India of opting out of Agreement.