International Relations [IAS (Admin.) IAS Mains GS Paper 2 (Governance, Polity, Social Justice, & IR)]: Questions 28 - 31 of 103

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Question 28

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Appeared in Year: 2013

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Essay▾

The World Bank and IMF, collectively known as Bretten Woods institutions, are the two intergovernmental pillars supporting the structure of the world՚s economic and financial order. Superficially, the World Bank and the IMF exhibit many common characteristics, yet their role, functions and mandate are distinctly different. Elucidate.

Explanation

  • The World Bank and international monetary fund both were created in conference convened in bretten wood United States of America in 1944, that՚s why also called the “Bretten woods twin” . The goal of the conference was to establish a framework for global economy to improve and stabilize by both the institutions and constantly working in response to…

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Question 29

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Appeared in Year: 2012

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Essay▾

Do you think that China՚s emergence as one of the largest trading partners of India had adversely affected the settlement of the outstanding border problem?

Explanation

  • China and India is one of the largest economies of the world after United States of America. China total exports to India are 53 percent where as India՚s total export to china is 34 percent. Although they have border disputes in different regions like Arunchal Pradesh, Sikkim and Jammu and Kashmir region, but setting aside their all disputes they a…

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Question 30

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Appeared in Year: 2013

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Essay▾

Economies ties between India and Japan while growing in recent years are still far below their potential. Elucidate the policy constraints which are inhibiting this growth.

Explanation

India and Japan Shares almost all their business to each other as Japan is one of the oldest trade partner of India. They exchange their business with bilateral agreements. on the economic front both the country established a Special Economic partnership initiative under which flagship projects such as western corridor of the dedicated freight corr…

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Question 31

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Appeared in Year: 2012

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Essay▾

“The situation today is far different to that prevalent fifty years back when the Indus Water Treaty was signed” . Highlight the complexity of the current challenges on both sides of the border in this regards. Do you think that a review of the treaty is in India՚s best interests?

Explanation

The Indus water treaty in 1960 had been done with the immense effort of World Bank. Under Indus water treaty the eastern river vie Sutlej, Ravi and Beas was awarded to India and Western River vie Indus Chenab and Jhelum is awarded to Pakistan. While at the same time allowing India the right to make “Limited used” of their waters and operate turn of…

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