Bilateral Agreements

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

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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 Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

India’s Cultural diplomacy and Indian Diaspora  

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Cultural diplomacy is a specified form of diplomacy that encourages a deliberate effort of cultural exchange. It facilitates the understanding of foreign cultural dynamics. Itis exchange of ideas, information, art, lifestyles, value systems, traditions, beliefs another aspects of cultures. The Indian Diaspora is a generic term to describe the people who migrated from territories that … Read more India’s Cultural diplomacy and Indian Diaspora  

Inflation & Control Mechanism

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inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more Inflation & Control Mechanism