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5 days ago · Statistics. China’s share in global export market has increased by 1-7% in the last five years. From sub 14%, it has moved beyond 15.5% in last five years. Between July 2023 and July 2024 the exports of China have increased by $18.8B (6.67%) from $282B to $301B, while imports increased by $14.8B (7.33%) from $201B to $216B.
5 days ago · World Tourism Day 2024: Celebrating Tourism and Peace. Context: The Ministry of Tourism marked World Tourism Day on September 27th, 2024, under the theme “Tourism and Peace.”. This theme emphasizes the role of tourism in fostering global peace through the enhancement of cross-cultural interactions and understanding. Relevance:
5 days ago · India’s initiative to establish regulations on fisheries subsidies at the World Trade Organization (WTO) has received significant support from numerous developing nations and least developed countries (LDCs).
5 days ago · Check Out UPSC CSE Books From PW Store Way Forward Strengthen Cooperation: BRICS nations must strengthen macroeconomic policy coordination amongst themselves and multilateral cooperation by engaging within frameworks such as the G20, WTO, World Bank, and International Monetary Fund to improve global economic governance.
1 day ago · The Border Adjustment Tax (BAT) is a tax on imports designed to ensure fair competition between local and foreign products. It applies the same domestic taxes to imports at the border, leveling the playing field by making imported goods subject to the same tax burdens as locally produced ones. BAT helps protect domestic industries, like steel ...
3 days ago · Here are 25 sample questions for UPSC Prelims Exam Question Paper 1, focusing on ecology and environment, along with answers and explanations. *Ecology and Environment Questions*. 1. *Most Important Anthropogenic Source of Methane and Nitrous Oxide*.
4 days ago · The main objective of the World Trade Organization’s (WTO’s) Agreement on Agriculture (AoA) is to: [A] Eliminate all agricultural subsidies and trade barriers. [B] Reduce trade distortions in the agricultural sector. [C] Promote sustainable agricultural practices. [D] Ensure food security for all WTO members. Answer: B. Notes:
