International Current Affairs MCQs

FTAs are designed to reduce or eliminate tariffs and non-tariff barriers, thereby boosting trade and investment flows between the signatory regions.

ASEAN (Association of Southeast Asian Nations) currently comprises 10 member states.

While various models for reform are discussed, abolishing the UN Security Council entirely is not a serious proposal in the current reform discussions.

The 'Uniting for Consensus' group, also known as the 'coffee club', generally opposes the creation of new permanent seats and instead favors an expansion of non-permanent members.

A key aspect of the reform discussions revolves around whether to expand the number of permanent and non-permanent members, and who should be included.

The FTA is intended to lower tariffs, remove non-tariff barriers, and facilitate easier movement of goods and services between India and the EU.

Digital transformation, green energy, and technology are core pillars of the modern India-EU strategic partnership.

The dialogue aims to resolve outstanding issues to finalize the India-EU Free Trade Agreement (FTA) to boost bilateral trade.

Climate finance is designed to help developing and climate-vulnerable nations implement sustainable development and climate adaptation strategies.

The United Nations Framework Convention on Climate Change (UNFCCC) is the primary body responsible for coordinating global climate action and finance.