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Monetary policy involves changing the interest rate and influencing the money supply. Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy. They are both used to pursue policies of higher economic growth or controlling inflation.

Significance for India: Today, 95% of India’s trade by volume and 68% of trade by value come via the Indian Ocean. Additionally, 80% of India’s crude oil requirement—is imported by sea via the Indian Ocean. Today 40% of world trade passes through the Strait of Malacca and 40 percent of all traded crude oil passes … Read more DMPQ: Indian ocean holds an important position for India. Elucidate

Rohingya Muslims in Myanmar’s Rakhine state, neighbouring Bangladesh, are not recognised by the Myanmar government as an official ethnic group and are therefore denied citizenship. Rohingyas are the most persecuted community in the world. Brutal atrocities are unleashed on them and they are denied of any human rights and citizenship rights. As a result of this, the … Read more DMPQ: is Rohingya issue? How it is affecting India? (IR)

A target of USD 5 trillion economy by 2024-2025 was laid in the economic survey. To achieve this  virtuous cycle term was used. It consists of exports, investments and savings. When these three forces will work in tandem there will be better chances of attaining the required growth rate and hence the target.  Investment, especially … Read more DMPQ :Recently a term virtuous cycle was used in the economic survey. Explain the term virtuous cycle.

Dichotomous Australian Foreign Policy- Historically, a key problem with Australia’s bilateral relationships has been the misalignment of Australia’s economic and political-security interests. While Australia is reliant on the US for its defence and security through the Australia-New Zealand-US treaty, its economy depends on China, which accounts for a huge share in bilateral trade and investment. Challenges … Read more DMPQ:What are the concerns in India-Australia bilateral relations?

08.05.19     INTERNATIONAL India, Germany, Brazil, Japan ‘absolutely needed’ at UNSC as permanent members: France India and nations like Germany, Brazil and Japan are “absolutely needed” as permanent members of a reformed and enlarged UN Security Council to better reflect contemporary realities. India is at the forefront of efforts at the UN to push … Read more 08.05.2019 National and International Current Affairs

Though there are various theories, the exact reason is still unknown. As per a recent study by IIT Kharagpur and Archaeological Survey of India, a weaker monsoon might have been the cause of decline of Indus Valley Civilization. Environmental changes, coupled with loss of power of rulers (central administration) of Indus valley to sustain the … Read more DMPQ: Write a note on the decline of Indus Valley Civilization

The term “Rule of Law” is derived from the French phrase ‘La Principe de Legality’ (the principle of legality) which refers to a government based on principles of law and not of men. The DICEY’S THEORY of the Rule of Law consists of three main principles: Absence of discretionary powers and supremacy of Law: viz. … Read more DMPQ- Write a short note on the concept of Rule of law?

The Project 75I-class submarine is a follow-on of the Project 75 Kalvari-class submarine for the Indian navy. Under this project, the Indian Navy intends to acquire 6 diesel-electric submarines, which will also feature advanced Air Independent Propulsion (AIP) systems to enable them to stay submerged for longer duration and substantially increase their operational range.   … Read more DMPQ:Project 75(I)