International Monetary Fund

DMPQ- . Throw light on the implications of rupee depreciation on Indian economy.

. First, India’s imports comprises of essentials such as crude petroleum, machineries and  fertilizers which become expensive raising their prices facilitating ‘import’ of inflation.  India is very susceptible to a stubborn and sticky inflation. It hurts the masses in terms of  across the board higher prices. All imports become expensive including raw materials, goods and … Read more

United Nations and its specialized agencies

The United Nations (UN) is an intergovernmental organization established on 24 October 1945 to promote international cooperation. It was founded to replace the League of Nations following World War II and to prevent another conflict. When it was founded, the UN had 51 Member States; there are now 193. Most nations are members of the UN and send diplomats to the headquarters to hold meetings … Read more

06.01.18 (RPSC) Rajasthan Current Affairs

RAJASTHAN Rajasthan reports 70% growth in PhD enrolments   The state has recorded a whopping 70% growth, topping all other states, in enrolling research scholars in the country. The desert state has seen enrolment for PhDs jump from 4,134 to 7,010 between 2015-16 and 2016-17, according to All India Survey On Higher Education 2016-17.   Surprisingly, during … Read more

IMF, The World Bank and Asian Development Bank

The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more