DMPQ: Composition and functions of FATF.

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.  The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international … Read more

DMPQ- European Bank for Reconstruction and development.

It was set up after the fall of the Berlin wall to promote private and entrepreneurial initiative in emerging Europe.   HQ – London.    EBRD is owned by 66 countries and two EU institutions i.e EU & EIB.   US is the biggest shareholder.   Besides Europe, member countries of the EBRD are also from other continents – … Read more

DMPQ- . In Northeast Asia, growing tensions around the Korean Peninsula are likely, with the possibility of a confrontation in the coming years. Justify

Kim Jong Un is consolidating his grip on power through a combination of patronage and dread and is doubling down on his nuclear and missile programs, developing long-range missiles that may soon endanger the continental USA. Beijing, Seoul, Tokyo, and Washington have a shared incentive to handle security risks in Northeast Asia, but a history … Read more

DMPQ- The Asia Pacific Economic Cooperation (APEC)

The Asia Pacific Economic Cooperation (APEC) was established in 1989 as an informal Ministerial-level dialogue group with twelve members. Today APEC has 21 member economies spread out over four continents. APEC Member Economies work together to sustain economic growth through a commitment to open trade, investment and economic reform. This is accomplished by progressively reducing … Read more

DMPQ- What is a Trade war? What are the implications on India of the US China Trade war?

Trade war is a situation where countries restrict each other’s trade by imposing tariff or quota on imports.  US has started imposing tariffs on as much as 25 percent on $34 billion in Chinese imports.  China responded with retaliatory tariffs of 25% on US goods worth an equivalent $34 billion, including soybean, automobiles, and marine … Read more

DMPQ- Sir creek dispute.

Sir Creek is a disputed water stream between the Sindh province of Pakistan and Gujarat state of India in the Ran of Kutch  Pakistan claims the whole water stream till India’s land borders whereas India contends that the issue should be solved as per international standards for riverine systems and hence claims half of the channel with division at the centre. The issue … Read more

DMPQ: BCIM . (IR)

BCIM is a sub-regional organisation of Asian nations aimed at greater integration of trade and investment between the four countries. The multi-modal corridor will be the first expressway between India and China and will pass through Myanmar and Bangladesh. The advantages are envisaged to accrue from greater market access for goods, services and energy, elimination … Read more

DMPQ: India has shown keen interest on India’s act east policy, Time has come for active west asia policy. Comment (IR)

West Asia is a very important partner in our growth story. It has huge strategical and economical relevance for India. West asia absorb huge amount of labour( lower section).  Around 7 million Indian works in West Asia. It provide huge amount of remittance and hence it is of great importance. West Asia also ensure our … Read more

DMPQ- Intermediate Range Nuclear forces treaty.

The 1987 Intermediate-Range Nuclear Forces (INF) Treaty required the United States and the Soviet Union to eliminate and permanently forswear all of their nuclear and conventional ground-launched ballistic and cruise missiles with ranges of 500 to 5,500 kilometers. The treaty marked the first time the superpowers had agreed to reduce their nuclear arsenals, eliminate an entire … Read more