DMPQ-“India-Australia ‘ECTA’ (Economic Cooperation and Trade Agreement) has the potential to transform Trade scenario in Indo-Pacific Region.” Examine.

India and Australia have signed a historic interim Economic Cooperation And Trade Agreement (INDAUS ECTA), which will give a fillip to India’s exports in the textiles, leather, gems, and jwellery sector Down Under. For India, the ECTA with Australia is the first agreement with a large developed economy of the world after more than a … Read more

DMPQ-Throw light on recent BIMSTEC summit. Examine the significance of BIMSTEC in the wake of disfunctioning of SAARC.

The economic and strategic significance of the Bay of Bengal is growing rapidly with a re-emergence of the idea of the ‘Indo-Pacific’ region.  The recently held fifth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has advanced the cause of regional cooperation and integration. As the BIMSTEC turns 25 … Read more

DMPQ-Discuss the global shift in financial realm happening in the wake of Russia-Ukraine conflict.

The weaponization of trade, the imposition of sanctions and the exclusion from SWIFT (Society for Worldwide Interbank Financial Telecommunication) by the US could trigger a faster de-dollarisation as countries displaying diplomatic and economic autonomy will be wary of using US-dominated global banking systems. The US dollar, which is the world’s reserve currency, can see a … Read more

DMPQ-Define USA’s new deal project. Discuss its economic effects.

October 29, 1929, or “Black Tuesday,” marks the day the U.S. stock market came crashing down, initiating the most severe economic crisis in U.S. history, now known as the Great Depression. Amid this economic contraction, Franklin Roosevelt campaigned for the U.S. presidency on the promise of a “new deal” for the American people. He won … Read more

DMPQ-Explain Srilanka’s economic crisis. Throw light on the measures India is taking to help it’s neighbour.

The Sri Lankan economy has been facing a crisis owing to a serious Balance of Payments (BoP) problem. Its foreign exchange reserves are depleting rapidly and it is becoming increasingly difficult for the country to import essential consumption goods.  The current Sri Lankan economic crisis is the product of the historical imbalances in the economic … Read more

DMPQ-Discuss the historical significance of fall of Berlin wall.

The Berlin Wall was a barrier that existed from 1961 through 1989, constructed by the German Democratic Republic (GDR, East Germany). Fall of the Berlin Wall (1989) is a major event in European History. The policies of restructuring and openness initiated by Soviet leader Mikhail Gorbachev paved way for the destruction of the symbolic physical … Read more

DMPQ-Recently Philippines Signed a defence deal with India for buying Brahmos missile. Discuss the significance of this landmark deal for india’s defence export sector.

Recently, Philippines signed a $374.96 million deal with BrahMos Aerospace Pvt. Ltd. for the supply of shore based anti-ship variant of the BrahMos supersonic cruise missile. This is the first export order for the missile which is a joint product between India and Russia and also the biggest defence export contract of the country. This … Read more

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