RARE EARTH ELEMENTS
1.Context
The Framework aims to deepen India-U.S. cooperation across the critical minerals and rare earths supply chain, including mining, processing, recycling and related investments
2.About rare earth metals
Rare earth elements or rare earth metals are a set of 17 chemical elements in the periodic table the 15 lanthanides, plus scandium and yttrium, which tend to occur in the same ore deposits as the lanthanides, and have similar chemical properties
| The 17 rare earths are cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm), samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y) |
Despite their classification, most of these elements are not really “rare”. One of the rare earths, promethium, is radioactive
Source:Thermo Fisher Scientific
3.Applications of rare earths
- These elements are important in technologies of consumer electronics, computers and networks, communications, clean energy, advanced transportation, healthcare, environmental mitigation, and national defence, among others
- Scandium is used in televisions and fluorescent lamps, and yttrium is used in drugs to treat rheumatoid arthritis and cancer
- Rare earth elements are used in space shuttle components, jet engine turbines, and drones
- Cerium, the most abundant rare earth element, is essential to NASA’s Space Shuttle Programme
- In recent years, rare earths have become even more important because there has been an increase in demand for green energy
- Elements like neodymium and dysprosium, which are used in wind turbine motors, are sought-after more than ever as wind mills across the world continue to grow
- Moreover, the push for switching from internal combustion cars to electric vehicles has also led to a rise in demand for rare earth magnets made from neodymium, boron, and iron and batteries
4. China's export restrictions and impact on India
- China has imposed restrictions on the export of seven rare earth elements (REEs) — dysprosium, gadolinium, lutetium, samarium, scandium, terbium, and yttrium — which are part of the 17 REEs.
- The country dominates the global refining of heavy REEs, giving it substantial control over critical supply chains, ranging from consumer electronics to defense. Although these measures do not constitute a complete export ban, they may cause temporary supply disruptions, as exporters navigate the permit process.
- India may not face an immediate disruption due to these restrictions. Despite government efforts to enhance domestic manufacturing of semiconductors and defense systems, the more sophisticated phases of production largely take place abroad, particularly in China and Japan. Japan, in anticipation of such issues, has already built stockpiles to buffer against REE-related supply shocks.
- Recognizing the strategic importance of REEs, India is aware that it holds around 6% of global deposits. However, the country’s capacity for mining and refining is minimal, largely due to the environmental challenges associated with such operations.
- India does extract some light REEs through its state-run firm, Indian Rare Earths Ltd, including monazite from coastal sands in Kerala. Nonetheless, imports still play a role.
- According to a recent statement by the Ministry of Mines in the Lok Sabha, India imported approximately 2,270 tonnes of REEs in 2023–24. Consequently, the national approach involves a mix of increasing domestic output and maintaining import channels
5. Way Forward
To support the strategic use of essential resources such as rare earth elements, India has launched the National Critical Mineral Mission (NCMM). This initiative aims to strengthen the country’s supply chain for critical minerals by boosting domestic production and establishing alternative international supply partnerships. According to a presentation by the Ministry of Mines in January, global events like China’s export restrictions, the Russia–Ukraine conflict, and other geopolitical factors have exposed vulnerabilities in the global critical mineral supply, underscoring the urgency of diversifying sources.
As part of the NCMM, the Indian government plans to oversee or support around 1,200 mineral exploration projects. It also intends to offer exploration licenses to encourage private sector participation and conduct auctions for additional critical mineral blocks
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For Prelims: Applications of rare earths, rare earth elements
For Mains:
1.Europe’s largest known deposit of rare earth elements found in Sweden: Could the discovery change geopolitics?
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Previous Year Questions
1.Recently, there has been a concern over the short supply of a group of elements called ‘rare earth metals’. Why? (2012)
Which of the statements given above is/are correct? (a) 1 only Answer (c)
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Source:indianexpress
MINIMUM SUPPORT PRICE
1. Context
In a fresh round of protests, onion farmers, along with leaders of the Maha Vikas Aghadi (MVA), the Opposition alliance in Maharashtra, staged a sit-in demonstration in the Chandwad area of Nashik district on Tuesday, demanding a minimum support price (MSP) of ₹24 per kg for their produce.
2. What is the Minimum Support Price (MSP)?
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- MSP is the minimum price a farmer must pay for their food grains as guaranteed by the government. They are recommended by the Commission for Agricultural Costs and Prices (CACP) and approved by the Cabinet Committee on Economic Affairs.
- The CACP submits its recommendations to the government in the form of Price Policy Reports every year.
- After considering the report and views of the state governments and also keeping in view the overall demand and supply situation in the country, the central government takes the final decision.
- The Food Corporation of India (FCI) is the nodal agency for procurement along with State agencies, at the beginning of the sowing season.
The minimum support price (MSP) is set for 22 crops every year. They include:
- 7 cereals (paddy, wheat, maize, bajra, jowar, ragi, and barley)
- 5 pulses (chana, tur/arhar, moong, urad, and Masur)
- 7 oilseeds (rapeseed-mustard, groundnut, soya bean, sunflower, sesamum, safflower, and Enigerseed) and
- 4 commercial crops (sugarcane, cotton, copra, and raw jute).
3. How MSP is Calculated?
- MSP, presently, is based on a formula of 1.5 times the production costs.
- The CACP projects three kinds of production costs for every crop, both at state and all-India average levels.
- A2 covers all paid-out costs directly incurred by the farmer — in cash and kind — on seeds, fertilizers, pesticides, hired labour, leased-in land, fuel, irrigation, etc.
- A2+FL includes A2 plus an imputed value of unpaid family labour.
- C2: Estimated land rent and the cost of interest on the money taken for farming are added to A2 and FL.
- Farm unions are demanding that a comprehensive cost calculation (C2) must also include capital assets and the rentals and interest forgone on owned land, as recommended by the National Commission for Farmers.
4. The issue with the calculation of MSP
- To calculate MSP, the government uses A2+FL cost. The criticism of A2+FL is that it doesn’t cover all costs and that a more representative measure, C2, needs to be used.
- For example, in the 2017-18 rabi season, CACP data shows that C2 for wheat was 54% higher than A2+FL.
- The Swaminathan Commission also stated that the MSP should be based on the comprehensive cost of production, which is the C2 method.
5. Key Points about the Farmer's Demand
- After the recent decision to repeal three contentious farm laws, protesting farmer unions are now pressing for their demand of the legalization of the Minimum Support Price (MSP).
- They want a legal guarantee for the MSP, which at present is just an indicative or a desired price.
- Legalising MSPs would put the government under a legal obligation to buy every grain of the crops for which MSPs have been announced.
- At present, the PM has announced the formation of a committee to make MSP more transparent, as well as to change crop patterns and to promote zero-budget agriculture which would reduce the cost of production.
- The entire issue of enforcing MSP legally is a tricky, complicated, and multidimensional one, involving lots of factors.
- Core demand: MSP based on a C2+50% formula should be made a legal entitlement for all agricultural produce. This would mean a 34% increase in the latest MSP for paddy and a 13% increase for wheat. MSP should also be extended to fruit and vegetable farmers who have been excluded from benefits so far.
6. The rationale behind the demand for legislation of MSP
- Farmers receive less than MSP: In most crops grown across much of India, the prices received by farmers, especially during harvest time, are well below the officially declared MSPs. And since MSPs have no statutory backing, they cannot demand these as a matter of right.
- Limited procurement by the Govt: Also, the actual procurement at MSP by the Govt. is confined to only about a third of wheat and rice crops (of which half is bought in Punjab and Haryana alone), and 10%-20% of select pulses and oilseeds. According to the Shanta Kumar Committee’s 2015 report, only 6% of the farm households sell wheat and rice to the government at the MSP rates.
7. Challenges associated with MSP
- Protest by Farmers: Farm unions have been protesting for more than six months on Delhi's outskirts, demanding legislation to guarantee MSP for all farmers for all crops and a repeal of three contentious farm reform laws.
- MSP and Inflation: When announcing the MSP, inflation should be taken into account. But often the price is not increased up to the mark. For example, this time MSP for Maize has not even considered inflation then how it will benefit farmers! Also, frequent increases in the MSPs can lead to inflation too.
- High Input Costs: The input costs have been rising faster than sale prices, squeezing the meagre income of the small farmers and driving them into debt.
- Lack of Mechanism: No mechanism guarantees that every farmer can get at least the MSP as the floor price in the market. So proper mechanisms need to be fixed for all times to come.
- Restriction in Europe: Even after producing surplus grains, every year a huge portion of these grains gets rotten. This is due to the restrictions under WTO norms, that grain stocks with the FCI (being heavily subsidized due to MSP) cannot be exported.
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For Prelims: Minimum Support Price, Rabi Crops, WTO, Commission for Agricultural Costs and Prices (CACP), Cabinet Committee on Economic Affairs, Food Corporation of India
For Mains:
1. Explain the concept of Minimum Support Price (MSP) in India. How is MSP determined, and what is its role in ensuring fair prices for agricultural produce? (250 Words)
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Previous Year Questions
1. Consider the following statements: (UPSC CSE 2020)
1. In the case of all cereals, pulses, and oil seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.
2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer: D
2. Which of the following factors/policies were affecting the price of rice in India in the recent past? (UPSC CSE, 2020)
(1) Minimum Support Price (2) Government’s trading (3) Government’s stockpiling (4) Consumer subsidies Select the correct answer using the code given below: (a) 1, 2 and 4 only (b) 1, 3 and 4 only (c) 2 and 3 only (d) 1, 2, 3 and 4 Answer: D
3. In India, which of the following can be considered as public investment in agriculture? (UPSC GS1, 2020)
(1) Fixing Minimum Support Price for agricultural produce of all crops (2) Computerization of Primary Agricultural Credit Societies (3) Social Capital development (4) Free electricity supply to farmers (5) Waiver of agricultural loans by the banking system (6) Setting up of cold storage facilities by the governments. In India, which of the following can be considered as public investment in agriculture? Select the correct answer using the code given below: (a) 1, 2 and 5 only (b) 1, 3, 4 and 5 only (c) 2, 3 and 6 only (d) 1, 2, 3, 4, 5 and 6 Answer: C
4. The Fair and Remunerative Price (FRP) of sugarcane is approved by the (UPSC CSE, 2015)
(a) Cabinet Committee on Economic Affairs (b) Commission for Agricultural Costs and Prices (c) Directorate of Marketing and Inspection, Ministry of Agriculture (d) Agricultural Produce Market Committee Answer: A
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NON COMMUNICABLE DISEASES
1. Context
The new national estimates for diabetes and other noncommunicable diseases (NCD) shows that 31 million more Indians became diabetic in four years (2019-2021).
2. Non-Communicable Diseases
- Non-communicable diseases (NCDs) are chronic medical conditions that are not caused by infectious agents and cannot be transmitted from person to person. These diseases typically have a long duration and progress slowly over time.
- NCDs are also referred to as chronic diseases and are often characterized by complex and multifactorial causes, including genetic, lifestyle, environmental, and behavioral factors.
- NCDs are a major global health concern, accounting for a significant proportion of morbidity, disability, and premature mortality worldwide.
- They impose a substantial burden on individuals, families, healthcare systems, and economies. Risk factors for NCDs include unhealthy diets, physical inactivity, tobacco use, harmful use of alcohol, and environmental factors such as air pollution.
- Prevention and control strategies for non-communicable diseases involve a combination of health promotion, early detection, access to quality healthcare services, lifestyle modifications, and effective management of existing conditions.
- Public health interventions aim to reduce NCD risk factors and promote healthy behaviors to mitigate the impact of these diseases on individuals and populations.
3. Findings of the Study on Non-communicable Diseases in India
- Diabetes and Prediabetes: India has 101 million people with diabetes and 136 million with prediabetes.
- High Blood Pressure: 315 million people in India were found to have high blood pressure.
- Obesity: Generalized Obesity: 254 million individuals in India were classified as obese. Abdominal Obesity: 351 million people in India had abdominal obesity.
- Hypercholesterolemia and High LDL Cholesterol: Hypercholesterolemia: 213 million individuals in India had high cholesterol levels. High LDL Cholesterol: 185 million people had elevated low-density lipoprotein (LDL) cholesterol.
- Study Details: The study was funded by the Indian Council of Medical Research and the Department of Health Research, Ministry of Health and Family Welfare. The Madras Diabetes Research Foundation coordinated the decade-long nationwide study. The findings of the study will be published in The Lancet Diabetes and Endocrinology journal.
4. Significance of the Study on Non-communicable Diseases in India
- Comprehensive Epidemiological Research: The study is the first comprehensive epidemiological research paper on non-communicable diseases in India. It includes participants from 31 states and some Union Territories, with a large sample size of 1,13,043 individuals.
- Increased Prevalence of NDCs: The study reveals that diabetes, hypertension, obesity, and dyslipidemia are more common in India than previously estimated. It highlights the urgent need for preventive measures and healthcare interventions to address the high prevalence of these diseases.
- Rural Diabetes Explosion: While urban areas currently have higher rates of metabolic NCDs, except for prediabetes, the study warns of an upcoming diabetes explosion in rural India if left unregulated.
- Inter-regional Variations: The study identifies variations in disease prevalence among different states and regions. Goa, Puducherry, and Kerala have the highest diabetes prevalence, while Sikkim has a high prevalence of Prediabetes, and Punjab has the highest hypertension rates.
- Implications for Policy: The findings highlight the need for state-specific policies and interventions to address the rising epidemic of metabolic NCDs in India. Urgent actions are required to stabilize diabetes rates in developed states and control the increasing prevalence in other regions.
- Study Details: The research used a cross-sectional, population-based survey of adults aged above 20 years. The study employed a stratified, multistage sampling design and is titled "Metabolic non-communicable health report of India- the ICMR-INDIAB National Cross-sectional Study.
5. Impact of Rising NCDs in India:
- Increased Burden of Diabetics and Hypertensive Individuals: Over the past four years, India has experienced a significant increase in the number of people affected by diabetes and hypertension. Generalized and abdominal obesity are contributing factors to this growing burden.
- Warning Signs for Future Health Issues: The study serves as an early warning, highlighting that if left uncontrolled, this population is at high risk of developing non-communicable diseases (NCDs) and life-altering medical conditions, including strokes.
- Dual Problem of Malnutrition and Obesity: Experts explain that India faces a dual problem of malnutrition and obesity. Although surplus food is available, factors such as exposure to fast food, lack of sleep, inadequate exercise, and increased stress contribute to the perfect environment for NCDs to thrive.
6. Addressing the Rising NCDs
- The solution to combating NCDs lies in adopting a wellness approach and embracing a lifestyle that includes a healthy diet and regular exercise.
- The Health Ministry recognizes four major NCDs Cardiovascular diseases, cancers, chronic respiratory diseases, and diabetes.
- These diseases share common behavioral risk factors, including unhealthy diet, lack of physical activity, and tobacco and alcohol use.
- The Health Ministry has implemented Programs to strengthen health infrastructure and develop human resources.
- Health-promotion initiatives and awareness campaigns focus on prevention, early diagnosis, and ensuring appropriate referrals for NCDs.
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For Prelims: Non-Communicable Diseases, Diabetes, and Prediabetes, Low-density lipoprotein (LDL) cholesterol, and ICMR.
For Mains: 1. Explain the significance of the study on metabolic non-communicable diseases (NCDs) in India and their implications for public health policies. (250 Words).
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Source: The Hindu
NON COMMUNICABLE DISEASES
1. Context
Analysis showed that among the NCDs, cardiovascular diseases alone accounted for 32.1% of all deaths in 2022-2024, which is again an increase of five percentage points compared with 27.1% in 2015-2017
2. Non-Communicable Diseases
- Non-communicable diseases (NCDs) are chronic medical conditions that are not caused by infectious agents and cannot be transmitted from person to person. These diseases typically have a long duration and progress slowly over time.
- NCDs are also referred to as chronic diseases and are often characterized by complex and multifactorial causes, including genetic, lifestyle, environmental, and behavioral factors.
- NCDs are a major global health concern, accounting for a significant proportion of morbidity, disability, and premature mortality worldwide.
- They impose a substantial burden on individuals, families, healthcare systems, and economies. Risk factors for NCDs include unhealthy diets, physical inactivity, tobacco use, harmful use of alcohol, and environmental factors such as air pollution.
- Prevention and control strategies for non-communicable diseases involve a combination of health promotion, early detection, access to quality healthcare services, lifestyle modifications, and effective management of existing conditions.
- Public health interventions aim to reduce NCD risk factors and promote healthy behaviors to mitigate the impact of these diseases on individuals and populations.
3. Findings of the Study on Non-communicable Diseases in India
- Diabetes and Prediabetes: India has 101 million people with diabetes and 136 million with prediabetes.
- High Blood Pressure: 315 million people in India were found to have high blood pressure.
- Obesity: Generalized Obesity: 254 million individuals in India were classified as obese. Abdominal Obesity: 351 million people in India had abdominal obesity.
- Hypercholesterolemia and High LDL Cholesterol: Hypercholesterolemia: 213 million individuals in India had high cholesterol levels. High LDL Cholesterol: 185 million people had elevated low-density lipoprotein (LDL) cholesterol.
- Study Details: The study was funded by the Indian Council of Medical Research and the Department of Health Research, Ministry of Health and Family Welfare. The Madras Diabetes Research Foundation coordinated the decade-long nationwide study. The findings of the study will be published in The Lancet Diabetes and Endocrinology journal.
4. Significance of the Study on Non-communicable Diseases in India
- Comprehensive Epidemiological Research: The study is the first comprehensive epidemiological research paper on non-communicable diseases in India. It includes participants from 31 states and some Union Territories, with a large sample size of 1,13,043 individuals.
- Increased Prevalence of NDCs: The study reveals that diabetes, hypertension, obesity, and dyslipidemia are more common in India than previously estimated. It highlights the urgent need for preventive measures and healthcare interventions to address the high prevalence of these diseases.
- Rural Diabetes Explosion: While urban areas currently have higher rates of metabolic NCDs, except for prediabetes, the study warns of an upcoming diabetes explosion in rural India if left unregulated.
- Inter-regional Variations: The study identifies variations in disease prevalence among different states and regions. Goa, Puducherry, and Kerala have the highest diabetes prevalence, while Sikkim has a high prevalence of Prediabetes, and Punjab has the highest hypertension rates.
- Implications for Policy: The findings highlight the need for state-specific policies and interventions to address the rising epidemic of metabolic NCDs in India. Urgent actions are required to stabilize diabetes rates in developed states and control the increasing prevalence in other regions.
- Study Details: The research used a cross-sectional, population-based survey of adults aged above 20 years. The study employed a stratified, multistage sampling design and is titled "Metabolic non-communicable health report of India- the ICMR-INDIAB National Cross-sectional Study.
5. Impact of Rising NCDs in India:
- Increased Burden of Diabetics and Hypertensive Individuals: Over the past four years, India has experienced a significant increase in the number of people affected by diabetes and hypertension. Generalized and abdominal obesity are contributing factors to this growing burden.
- Warning Signs for Future Health Issues: The study serves as an early warning, highlighting that if left uncontrolled, this population is at high risk of developing non-communicable diseases (NCDs) and life-altering medical conditions, including strokes.
- Dual Problem of Malnutrition and Obesity: Experts explain that India faces a dual problem of malnutrition and obesity. Although surplus food is available, factors such as exposure to fast food, lack of sleep, inadequate exercise, and increased stress contribute to the perfect environment for NCDs to thrive.
6. Addressing the Rising NCDs
- The solution to combating NCDs lies in adopting a wellness approach and embracing a lifestyle that includes a healthy diet and regular exercise.
- The Health Ministry recognizes four major NCDs Cardiovascular diseases, cancers, chronic respiratory diseases, and diabetes.
- These diseases share common behavioral risk factors, including unhealthy diet, lack of physical activity, and tobacco and alcohol use.
- The Health Ministry has implemented Programs to strengthen health infrastructure and develop human resources.
- Health-promotion initiatives and awareness campaigns focus on prevention, early diagnosis, and ensuring appropriate referrals for NCDs.
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For Prelims: Non-Communicable Diseases, Diabetes, and Prediabetes, Low-density lipoprotein (LDL) cholesterol, and ICMR.
For Mains: 1. Explain the significance of the study on metabolic non-communicable diseases (NCDs) in India and their implications for public health policies. (250 Words).
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Source: The Hindu
QUAD
1. Context
The foreign ministers of the Quad grouping will meet on Tuesday and are expected to discuss critical minerals, maritime and energy security
2. Quadrilateral Security Dialogue (QUAD)
- The Quad, short for the Quadrilateral Security Dialogue, is a strategic forum comprising four major Indo-Pacific countries: the United States, Japan, India, and Australia.
- The Quad was initiated in 2007 but was relatively dormant for several years before experiencing a revival and increased prominence in recent times.
3. Objectives
- The Quad aims to promote a free, open, and inclusive Indo-Pacific region. Its core objectives include ensuring regional security, stability, and economic prosperity.
- It seeks to uphold the rules-based international order and address common challenges such as maritime security, infrastructure development, economic connectivity, and disaster response.
4. Member Countries
- United States: As a major Pacific power, the U.S. plays a central role in the Quad, emphasizing its commitment to the Indo-Pacific region's security and stability.
- Japan: Japan is a key member, contributing its economic and technological prowess, and advocating for a rules-based international order.
- India: India brings its strategic location and growing influence in the Indo-Pacific to the Quad, strengthening regional security cooperation.
- Australia: Australia is a significant player, contributing to maritime security efforts and championing economic development in the Indo-Pacific.
5. Meetings and Engagement
- The Quad holds regular meetings at various levels, including ministerial meetings and consultations among senior officials.
- It engages in dialogues on a wide range of regional and global issues, from security and defense to infrastructure development and technology cooperation.
Regional Implications:
- The Quad has been viewed as a response to China's rising influence in the Indo-Pacific. However, member countries emphasize that it is not an alliance against any specific country but rather a platform for cooperation on shared interests.
- Some view the Quad as a potential counterbalance to China's assertive behavior in the South China Sea and its Belt and Road Initiative (BRI) infrastructure projects.
Expanding Partnerships:
- The Quad has sought to expand its partnerships with other countries in the Indo-Pacific, including Southeast Asian nations. This approach reflects its commitment to inclusivity and regional engagement.
6. Significance of QUAD for India
The Quad holds significant importance for India due to several strategic, economic, and geopolitical reasons:
Countering Regional Challenges:
- The Quad provides India with a platform to collaborate with like-minded countries, such as the United States, Japan, and Australia, to address common regional challenges. These challenges include maritime security, territorial disputes, and economic concerns in the Indo-Pacific.
Strengthening Regional Security:
- As a member of the Quad, India gains access to enhanced security cooperation, intelligence sharing, and joint exercises. This bolsters its ability to protect its interests and contribute to regional stability in the face of security threats.
Balancing China's Influence:
- India views the Quad as a mechanism to balance China's growing influence in the Indo-Pacific. It helps deter aggressive actions and assertive behavior by China, particularly in areas like the South China Sea and the Indian Ocean region.
Economic Opportunities:
- The Quad promotes economic connectivity and infrastructure development in the Indo-Pacific. India can leverage these initiatives to enhance its trade, investment, and connectivity in the region, which is vital for its economic growth.
Strengthening Ties with Key Allies:
- The Quad allows India to deepen its strategic partnerships with key allies, such as the United States and Japan. These relationships have resulted in increased defense cooperation, technology sharing, and economic collaboration.
Regional Leadership Role:
- Participation in the Quad elevates India's status as a regional leader in the Indo-Pacific. It aligns with India's "Act East" policy, reinforcing its commitment to the stability and prosperity of the broader region.
7. Challenges
- China's Territorial Claims: China claims that it has historical ownership over nearly the entire region of the South China Sea, which gives it the right to manufacture islands. However, the International Court of Arbitration rejected the claim in 2016.
- China's Closeness to ASEAN: The ASEAN countries also have a well-knit relationship with China. The Regional Cooperation Economic Partnership (RCEP) is a recent example of China's increasing influence over ASEAN nations.
- Economic Power of China: Considering the economic might of China and the dependence of QUAD nations like Japan and Australia on China, the QUAD nations can not afford to have strained relations with it.
- Convergence among Quad Nations: The nations in the Quad grouping have different aspirations, and aims at balancing their own interest. Therefore, coherence in the vision of the Quad nation as a grouping is absent.
8. Way forward
The Quad represents a forum for strategic cooperation among four major Indo-Pacific nations, with a focus on regional security, economic development, and upholding the rules-based international order. Its evolving role in the region will likely be a subject of ongoing geopolitical interest and debate.
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For Prelims: Quadrilateral Security Dialogue (QUAD), South China Sea, Belt and Road Initiative (BRI), Indo-Pacific region, ASEAN, and Regional Cooperation Economic Partnership (RCEP).
For Mains: 1. Discuss the evolution, objectives, and geopolitical significance of the Quad (Quadrilateral Security Dialogue) in the context of the Indo-Pacific region. Analyze the challenges and opportunities it presents for the member countries, particularly India. (250 words).
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Source: The Indian Express
CURRENCY DEPRECIATION
1. Context
Over the past few weeks, the sharp slide in the rupee’s exchange rate has sparked a long-pending debate about the true state of the Indian economy. Be that as it may, the urgent policy decision before the government and the Reserve Bank of India (RBI) is whether to prevent the rupee from further sliding against the US dollar or to let it fall and find its true level
2. What is Currency depreciation?
Currency depreciation refers to the decrease in the value of a country's currency in relation to other currencies in the foreign exchange market. It means that the purchasing power of the currency decreases compared to other currencies, leading to higher prices for imported goods and services.
Currency depreciation can occur due to various factors, including:
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Supply and demand: If the demand for a currency decreases relative to its supply in the foreign exchange market, its value may depreciate. Factors such as changes in trade balances, capital flows, and interest rates can influence supply and demand dynamics.
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Inflation differentials: If a country experiences higher inflation rates compared to its trading partners, its currency may depreciate as the purchasing power of the currency decreases relative to other currencies.
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Economic performance: Weak economic indicators, such as low growth rates, high unemployment, or large fiscal deficits, can lead to a loss of confidence in a country's currency, causing it to depreciate.
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Political instability: Political uncertainty or instability in a country can undermine investor confidence and lead to capital outflows, putting pressure on the currency to depreciate.
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Speculative activities: Speculators may engage in trading activities that anticipate currency depreciation, exacerbating downward pressure on the currency's value
3. What do you understand by Rupee depreciation?
Rupee depreciation refers specifically to the decline in the value of the Indian rupee (INR) in relation to other major currencies, such as the US dollar (USD), euro (EUR), or British pound (GBP), in the foreign exchange market. It signifies that the purchasing power of the Indian rupee decreases relative to other currencies, resulting in higher prices for imported goods and services.
Rupee depreciation can occur due to a variety of factors, including:
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Trade imbalances: Persistent trade deficits, where imports exceed exports, can put downward pressure on the rupee as more foreign currency is required to pay for imports.
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Capital outflows: If foreign investors sell Indian assets or withdraw investments from the country, it can lead to a decrease in demand for the rupee, causing its value to depreciate.
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Interest rate differentials: Higher interest rates in other countries can attract foreign investors away from Indian assets, leading to a decrease in demand for the rupee and its depreciation.
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Inflation differentials: Higher inflation rates in India compared to other countries can erode the purchasing power of the rupee, leading to depreciation.
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Global economic factors: Events such as changes in global oil prices, geopolitical tensions, or shifts in investor sentiment towards emerging markets can also impact the value of the rupee
4. Appreciation vs Depreciation of Currency-Compare and Contrast
| Subject | Appreciation of Currency | Depreciation of Currency |
|---|---|---|
| Definition | Increase in the value of a currency relative to other currencies. | Decrease in the value of a currency relative to other currencies. |
| Effect on Imports | Imports become cheaper. | Imports become more expensive. |
| Effect on Exports | Exports become more expensive for foreign buyers. | Exports become cheaper for foreign buyers. |
| Trade Balance | May lead to a trade deficit as exports become less competitive. | May lead to a trade surplus as exports become more competitive. |
| Inflation | May contribute to deflationary pressures as imported goods become cheaper. | May contribute to inflationary pressures as imported goods become more expensive. |
| Interest Rates | May lead to lower interest rates as a stronger currency reduces inflationary pressures. | May lead to higher interest rates as a weaker currency increases inflationary pressures. |
| Foreign Investment | May discourage foreign investment as returns become less attractive. | May encourage foreign investment as returns become more attractive. |
| Domestic Production | May discourage domestic production as exports become less competitive. | May encourage domestic production as imports become more expensive. |
| External Debt Burden | May increase the cost of servicing external debt denominated in foreign currencies. | May decrease the cost of servicing external debt denominated in foreign currencies. |
| Purchasing Power | Increases the purchasing power of domestic consumers and businesses. | Decreases the purchasing power of domestic consumers and businesses. |
| Government Policy Response | Central banks may intervene to prevent excessive appreciation through measures such as foreign exchange interventions. | Central banks may intervene to stabilize the currency or support exports through measures such as interest rate adjustments or currency interventions. |
5. What is the difference between depreciation and devaluation?
| Subject | Depreciation | Devaluation |
|---|---|---|
| Definition | Decrease in the value of a currency in the foreign exchange market due to market forces. | Deliberate and official decrease in the value of a country's currency by the government or central bank. |
| Cause | Market forces such as changes in supply and demand, economic conditions, or investor sentiment. | Implemented by the government or central bank to address economic challenges or achieve specific objectives. |
| Effect | Affects the exchange rate of a currency relative to other currencies, making imports more expensive and exports more competitive. | Affects the exchange rate of a currency in the foreign exchange market, making imports more expensive and exports more competitive. |
| Economic Implications | Can influence trade balances, inflation, interest rates, and economic growth. | Can influence trade balances, inflation, interest rates, and economic growth. |
| Policy Response | Central banks may intervene to stabilize the currency or address excessive depreciation through measures such as foreign exchange interventions or monetary policy adjustments. | Deliberate policy action undertaken by the government or central bank, which may involve announcing changes in the official exchange rate, adjusting monetary policy measures, or implementing structural reforms. |
6.Way Forward
Between April-end 2014 and now – roughly the time the Narendra Modi government has been in office – the rupee has depreciated by 27.6% against the US dollar, from Rs 60.34 to Rs 83.38. That’s marginally higher than the 26.5% from April-end 2004 to April-end 2014: The rupee fell from 44.37 to 60.34 to the dollar during that period when the previous Congress-led United Progressive Alliance (UPA) was in power
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For Prelims: Current events of national and international importance.
For Mains: GS-III: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment
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Previous Year Questions
1.Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of the Indian rupee? (UPSC CSE 2019) (a) Curbing imports of non-essential goods and promoting exports (b) Encouraging Indian borrowers to issue rupee-denominated Masala Bonds (c) Easing conditions relating to external commercial borrowing (d) Following an expansionary monetary policy Answer (d) The option that is not the most likely measure the Government/RBI takes to stop the slide of the Indian rupee is: (d) Following an expansionary monetary policy An expansionary monetary policy involves increasing the money supply and lowering interest rates to stimulate economic growth. While this policy may indirectly influence the value of the rupee, it is not typically used as a direct measure to stop the slide of the currency. In fact, an expansionary monetary policy may potentially contribute to further depreciation of the rupee if it leads to capital outflows or inflationary pressures. The other options, (a), (b), and (c), are more directly related to measures that the Government/RBI may take to address currency depreciation, such as curbing imports, promoting exports, encouraging rupee-denominated bonds, and easing conditions for external commercial borrowing |
Source: Indianexpress
NATIONAL HUMAN RIGHTS COMMISSION (NHRC)
1. Context
The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report of a fire incident at a private hospital in the Dehradun district, Uttarakhand on May 20, 2026. Reportedly, 14 patients were rescued and shifted to a nearby hospital for treatment. Among them, a female patient was declared dead while four others were discharged
2. What is the National Human Rights Commission (NHRC)?
- The National Human Rights Commission (NHRC) is a statutory body established in India in 1993 under the Protection of Human Rights Act, 1993.
- It serves as an autonomous public institution tasked with the protection and promotion of human rights across the country.
- The NHRC investigates complaints of human rights violations, conducts inquiries, and recommends remedial action to the government.
- It also plays a role in promoting awareness of human rights and providing education on related issues.
- The commission consists of a chairperson and several members appointed by the President of India, and it operates at both the central and state levels
3. History of NHRC
- The National Human Rights Commission (NHRC) was established in India on October 12, 1993, under the Protection of Human Rights Act, 1993.
- This Act was enacted to fulfill the obligations India undertook by becoming a signatory to the Vienna Declaration and Programme of Action, which called for the establishment of national institutions for the promotion and protection of human rights.
- The NHRC was founded with the aim of addressing human rights violations and promoting awareness and respect for human rights across the country. It operates as an autonomous body, independent of the government, to ensure impartiality and effectiveness in its functioning.
- Since its inception, the NHRC has played a crucial role in investigating complaints of human rights violations, conducting inquiries, and making recommendations to the government for remedial action. It also engages in advocacy, education, and awareness programs to promote a culture of human rights in India.
- Over the years, the NHRC has evolved and expanded its scope to address various human rights issues, including those related to civil, political, economic, social, and cultural rights. It operates at both the central and state levels, with a chairperson and members appointed by the President of India.
- The NHRC's history is marked by its efforts to uphold the principles of justice, equality, and dignity enshrined in the Indian Constitution and international human rights instruments
4. NHRC Composition
The composition of the National Human Rights Commission (NHRC) includes a chairperson and several members appointed by the President of India. According to the Protection of Human Rights Act, 1993, the NHRC consists of:
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Chairperson: The chairperson is appointed by the President of India and must be a retired Chief Justice of the Supreme Court or a serving or retired Judge of the Supreme Court.
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Members: The NHRC can have up to four members, including a member who is or has been a Judge of the Supreme Court, a member who is or has been the Chief Justice of a High Court, and two other members who have knowledge or practical experience in matters relating to human rights.
These appointments aim to ensure the independence, expertise, and credibility of the NHRC in addressing human rights issues effectively. The members serve fixed terms as specified by the Act, and they collectively contribute to the commission's efforts to protect and promote human rights across the country
5.Appointment of NHRC Members
The appointment of members to the National Human Rights Commission (NHRC) follows a process outlined in the Protection of Human Rights Act, 1993. Here's an overview of the appointment procedure:
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Selection Committee: A Selection Committee is constituted to recommend candidates for appointment as Chairperson and members of the NHRC. The Selection Committee is chaired by the Prime Minister of India and includes the following members:
- The Speaker of the Lok Sabha (House of the People) or the Deputy Speaker, in case the Speaker is unable to attend.
- The Minister in charge of the Ministry of Home Affairs in the Government of India.
- The Leader of the Opposition in the Lok Sabha.
- The Leader of the Opposition in the Rajya Sabha (Council of States) in the absence of the Leader of the Opposition in the Lok Sabha
6.Functions & Powers of NHRC
The National Human Rights Commission (NHRC) of India is empowered with various functions and powers to protect and promote human rights across the country.
Here are some of its key functions and powers:
- The NHRC is authorized to inquire into complaints of human rights violations received from individuals or groups. It can investigate violations committed by public servants or by any authority or person acting under the government's authority
- The Commission has the power to monitor human rights violations, including through suo moto action, where it can initiate an inquiry based on media reports, complaints, or its own knowledge
- Following investigations or inquiries, the NHRC can make recommendations to the concerned authorities for remedial action, prosecution, or compensation to victims of human rights violations
- The NHRC engages in activities to raise awareness about human rights issues through seminars, workshops, publications, and other educational programs
- It advises the government on policies and measures to promote and protect human rights effectively
- The NHRC can intervene in court proceedings related to human rights violations, either as a party or as amicus curiae (friend of the court)
- The Commission conducts research and studies on human rights issues to better understand the challenges and formulate appropriate responses
- Based on its findings and experiences, the NHRC can recommend legislative reforms to strengthen human rights protection in the country
- The NHRC collaborates with international human rights organizations and participates in international forums to promote human rights globally
- The NHRC has the authority to visit and monitor places of detention, such as prisons and juvenile homes, to ensure that inmates' human rights are respected
7. Limitations of NHRC
National Human Rights Commission (NHRC) of India plays a significant role in protecting and promoting human rights, it also faces several limitations, including:
- The NHRC lacks direct enforcement authority. It can investigate human rights violations, make recommendations, and issue guidelines, but it cannot enforce its decisions or ensure their implementation. Its recommendations are non-binding, and compliance by government agencies or other authorities is voluntary.
- The process of investigation and resolution of complaints by the NHRC can be lengthy and time-consuming, leading to delays in providing justice to victims of human rights violations. This delay can undermine the effectiveness of the NHRC in addressing urgent and serious violations
- The NHRC operates with limited resources, including budgetary allocations and staffing. This constraint can affect its capacity to handle a large number of complaints effectively and conduct thorough investigations into human rights violations
- The NHRC's jurisdiction is limited to investigating human rights violations committed by public servants or authorities acting under the government's authority. It may not have jurisdiction over violations by non-state actors or in certain areas like the armed forces, where separate mechanisms exist
- There have been instances where political pressures or interference have affected the independence and impartiality of the NHRC. Political influence can hinder its ability to address human rights violations objectively and without bias
- Many people, especially in rural areas and marginalized communities, may not be aware of the NHRC's existence or how to access its services. This lack of awareness and accessibility can prevent victims of human rights violations from seeking redress through the commission
- Even when the NHRC makes recommendations for remedial action or compensation, there may be instances where these recommendations are not implemented fully or effectively by the concerned authorities
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For Prelims: National Human Rights Commission
For Mains: Emerging Human Rights Challenges, Role and Functions of the National Human Rights Commission (NHRC)
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Previous Year Questions
1.Other than the Fundamental Rights, which of the following parts of the Constitution of India reflect/reflects the principles and provisions of the Universal Declaration of Human Rights (1948)? (UPSC CSE 2020)
Select the correct answer using the code given below: (a) 1 and 2 only Answer: (d) 2.Consider the following: (UPSC CSE 2011)
Which of the above is/are Human Right/Human Rights under “Universal Declaration of Human Rights”? (a) 1 only Answer: (d)
1.Though the Human Rights Commissions have contributed immensely to the protection of human rights in India, yet they have failed to assert themselves against the mighty and powerful. Analysing theirstructural and practical limitations, suggest remedial measures. (UPSC CSE Mains GS 1 2021) |
Source: The Hindu
COMPETITION COMMISSION OF INDIA
1. Context
The Competition Commission of India (CCI) has approved the merger of Indovida India Private Limited with and into EPL Limited.
2. Competition Commission of India
- The Competition Commission of India (CCI) is a regulatory authority established in India to promote and protect fair competition in the marketplace.
- It was established under the Competition Act, 2002, and became fully functional in 2009.
- The primary objective of the CCI is to prevent anti-competitive practices, ensure a level playing field for businesses, and promote consumer welfare
- The Competition Commission of India (within the Ministry of Corporate Affairs) has been established to enforce the competition law under the Competition Act, 2002.
- It should be noted that on the recommendations of Raghavan committee, the Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) was repealed and replaced by the Competition Act, 2002
- The Commission consists of a Chairperson and not more than 6 Members appointed by the Central Government
- It is the statutory duty of the Commission to eliminate practices having an adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade carried on by other participants, in markets in India as provided in the Preamble as well as Section 18 of the Act.
- The Commission is also mandated to give its opinion on competition issues to government or statutory authority and to undertake competition advocacy for creating awareness of competition law.
- Advocacy is at the core of effective competition regulation. Competition Commission of India (CCI), which has been entrusted with implementation of law, has always believed in complementing robust enforcement with facilitative advocacy. It is a quasi-judicial body.
3. Key functions and responsibilities
Here are some key functions and responsibilities of the Competition Commission of India:
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Competition Advocacy: The CCI engages in advocacy and education activities to promote competition awareness among businesses, government agencies, and the public.
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Antitrust Enforcement: The CCI investigates and takes action against anti-competitive agreements, abuse of dominance by companies, and anti-competitive mergers and acquisitions. It can impose penalties and remedies on entities found to be in violation of competition laws.
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Merger Control: The CCI reviews and approves or disapproves mergers, acquisitions, and combinations that may have an adverse impact on competition in the Indian market. It assesses whether these transactions are likely to cause a substantial lessening of competition.
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Market Studies and Research: The CCI conducts studies and research to understand market dynamics, competition issues, and emerging trends. This information helps in formulating policies and recommendations to improve competition.
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Competition Advocacy: The commission engages in advocacy efforts to promote competition principles and practices among businesses, government agencies, and the public.
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Consumer Protection: While primarily focused on promoting competition, the CCI also indirectly promotes consumer welfare by ensuring that markets remain competitive and that consumers have choices and access to fair prices.
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Regulation of Anti-Competitive Practices: The CCI addresses practices such as price-fixing, bid rigging, and abuse of market power that can harm competition and consumers.
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Legal Proceedings: The CCI has the authority to conduct investigations, hold hearings, and pass orders. Its decisions can be appealed to higher courts in India.
4. What is the Competition Act?
- The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws.
- The Act prohibits anti-competitive agreements, and abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India
- In accordance with the provisions of the Amendment Act, the Competition Commission of India and the Competition Appellate Tribunal have been established
- The government of India replaced Competition Appellate Tribunal (COMPAT) with the National Company Law Appellate Tribunal (NCLAT) in 2017
- The provisions of the Competition Act relating to anti-competitive agreements and abuse of dominant position were notified on May 20, 2009
| Competition is the best means of ensuring that the ‘Common Man’ or ‘Aam Aadmi’ has access to the broadest range of goods and services at the most competitive prices. With increased competition, producers will have maximum incentive to innovate and specialize. This would result in reduced costs and wider choice to consumers. A fair competition in market is essential to achieve this objective. Our goal is to create and sustain fair competition in the economy that will provide a ‘level playing field’ to the producers and make the markets work for the welfare of the consumers |
5. What is Cartelisation?
Cartels can be difficult to define. According to CCI, a “Cartel includes an association of producers, sellers, distributors, traders or service providers who, by agreement amongst themselves, limit, control or attempt to control the production, distribution, sale or price of, or, trade in goods or provision of services”
The International Competition Network, which is a global body dedicated to enforcing competition law, has a simpler definition. The three common components of a cartel are:
- an agreement;
- between competitors;
- to restrict competition.
6. Way forward
CCI needs to revisit its definition of ‘relevant market’. In the age of digital world, defining relevant market has been a tough task for regulators world-wide. Technological developments like Web 3.0, AI, IoT, Blockchain and issues like data protection and privacy, search bias, platform neutrality, confidentiality, etc, have created a need for a robust competition law. Such a law should meet the demands of the technological era we live in.
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For Prelims: Statutory board, Constitutional body
For Mains: 1.Discuss the role and functions of the Competition Commission of India (CCI) in promoting and ensuring fair competition in the Indian market
2.Examine the challenges and limitations faced by the Competition Commission of India (CCI) in effectively regulating and promoting competition in the digital economy
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Previous year Questions
1. Competition Commission of India is which kind of body? (RSMSSB Sanganak 2018)
A. Statutory body
B. Constitutional.
C. Single Member
D. Private
Answer (A)
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Source: indianexpress
EUROPEAN FREE TRADE ASSOCIATION (EFTA)
1. Context
The India EFTA TEPA will help to improve market access, reduce trade barriers, encourage trade and investment flows and integrate value chains. The FTA, along with a strong alliance with the Nordic countries, will support employment creation, innovation and sustainable development
2. About European Free Trade Association
The European Free Trade Association (EFTA) is an intergovernmental organization that aims to facilitate free trade and economic cooperation among its member states. EFTA was established on May 3, 1960, as an alternative trade bloc to the European Economic Community (EEC), which later evolved into the European Union (EU). The founding members of EFTA were Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom.
The key aspects of EFTA
EFTA comprises four member countries: Iceland, Liechtenstein, Norway, and Switzerland. The organization has experienced changes in membership over the years, with some countries joining or leaving.
- EFTA's primary objectives include promoting free trade and economic cooperation among its member states. It aims to facilitate the reduction or elimination of barriers to trade in goods and services, enhance economic relations, and foster mutual understanding and collaboration in various economic sectors.
- While EFTA is a distinct organization, its member states often have close economic ties with the European Union. EFTA countries have developed various agreements and arrangements with the EU to facilitate trade and economic cooperation. However, EFTA member states are not part of the EU Customs Union or the EU Single Market.
- EFTA has engaged in numerous free trade agreements (FTAs) with countries and regions around the world. These agreements aim to reduce or eliminate tariffs and other trade barriers, promoting the flow of goods and services. EFTA countries have FTAs with countries in Europe, Asia, Africa, and South America.
- The EFTA Surveillance Authority oversees the application of EFTA's rules in its member states. It monitors compliance with agreements, including ensuring that competition rules and other regulations are adhered to by member countries.
- The EFTA Court serves as the judicial body for the EFTA states. It handles disputes related to the interpretation and application of EFTA law. The court's decisions contribute to the legal framework of EFTA's trade and economic agreements.
- Over the years, EFTA has seen changes in its membership. Some countries have joined, while others have left. Accession to EFTA involves negotiations and the fulfillment of certain criteria, reflecting the organization's commitment to free trade and economic cooperation.
- EFTA member countries have diverse and developed economies. They are known for their high living standards, economic stability, and competitiveness. The organization provides a platform for these countries to collaborate and engage in trade with partners around the world.
- While trade is a central focus, EFTA member states also collaborate in other areas, including research and development, innovation, and cultural exchanges. The organization serves as a forum for discussing and addressing various economic and policy issues.
Main Goals of EFTA
- To promote free trade and economic integration among its member states.
- To strengthen member states' economies and improve their competitiveness on the global market.
- To cooperate with other countries and international organizations to further liberalize trade and promote economic development.
Institutional Structure
- The EFTA Council is the organization's highest governing body, consisting of representatives from each member state. It meets regularly to discuss and decide on important matters related to EFTA's objectives and activities.
- The EFTA Secretariat, based in Geneva, Switzerland, provides administrative support and facilitates communication among member states.
- EFTA actively engages in negotiations and establishes free trade agreements (FTAs) with various countries and regions outside the organization, contributing to the expansion of economic cooperation.
Current Status of EFTA
- Despite not being part of the EU, EFTA members maintain close economic ties with the EU through a series of bilateral agreements.
- They participate in the European Single Market and are part of the Schengen Area, allowing for the free movement of goods, services, capital, and people.
- EFTA remains an important economic player in Europe, with a combined GDP of over €1 trillion and a population of over 13 million.
Benefits of EFTA Membership
- EFTA's free trade agreements and common market have led to a significant increase in trade and investment between member states and their trading partners.
- EFTA's focus on free trade and economic cooperation has helped to stimulate economic growth in member states.
- By cooperating on research and development, innovation, and education, EFTA member states have become more competitive in the global market.
- EFTA membership has contributed to a higher standard of living and greater prosperity for the citizens of member states.
Challenges for EFTA
- The EU remains EFTA's largest trading partner, but it also poses a significant challenge. The EU's larger size and economic power give it an advantage in negotiations, and some EFTA businesses have expressed concerns about being at a disadvantage compared to their EU counterparts.
- With the ongoing integration of the EU, EFTA needs to ensure that it remains relevant and attractive to potential members and trading partners. The association needs to continue to find ways to differentiate itself from the EU and to offer unique benefits to its members.
- The global economy is constantly evolving, and EFTA needs to be able to adapt to these changes. The association needs to focus on emerging markets and new technologies to ensure that its members remain competitive in the long term.
3. The Way Forward
EFTA remains a vital economic force in Europe. The association is well-positioned to continue to prosper in the coming years, thanks to its strong member states, its focus on free trade and economic cooperation, and its adaptability. By continuing to adapt to the changing global economy and by finding ways to differentiate itself from the EU, EFTA can ensure that it remains a relevant and successful organization for its members in the years to come.
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For Prelims: European Union, free trade, European Free Trade Association, European Economic Community
For Mains:
1. Examine the impact of Switzerland's policy on tariff-free entry for all industrial goods on India's potential gains from the ongoing India-EFTA Free Trade Agreement negotiations. (250 Words)
2. Discuss the strategies and opportunities for EFTA to remain relevant, differentiate itself, and adapt to the evolving global economy. (250 Words)
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Previous Year Questions
1.‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and (2017) (a) European Union Answer (a) 2. Consider the following countries: (2018)
Which of the above are among the ‘free-trade partners’ of ASEAN? (a) 1, 2, 4 and 5 Answer (c) 3. The term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the context of the affairs of a group of countries known as (2016) (a) G20 Answer (b) |
Source: The Indian Express
