International Current Affairs MCQs

A Bilateral Investment Treaty (BIT) aims to promote and protect investments between two parties by providing a stable and predictable legal framework, enhancing investor confidence, and offering mechanisms for dispute resolution. For India, it means better protection for its investments in EU countries and vice versa.

The permanent members of the UN Security Council are China, France, Russia, the United Kingdom, and the United States. Germany is a significant global power but not a permanent member, a fact India often highlights when advocating for expansion of the permanent category.

India's stance on UNSC reforms emphasizes the need for multilateralism and equitable representation, arguing that the current structure does not reflect the diversity and geopolitical realities of the 21st century.

India has consistently advocated for reforms in the UN Security Council to make it more representative of the current global order, particularly by including more developing countries as permanent members, to better reflect contemporary geopolitical realities.

India and the European Union established their Strategic Partnership in 2004, which serves as the foundation for ongoing trade and political cooperation.

Negotiations often face hurdles regarding data protection, intellectual property rights, and EU's stringent environmental and sustainability standards.

The BTIA aims to liberalize trade in goods and services and promote investment by reducing barriers and creating a predictable regulatory environment.

The Food and Agriculture Organization (FAO) of the UN provides data and policy support to G7 initiatives regarding global food security.

G7 summits on food security focus on stabilizing markets, reducing trade barriers, and supporting vulnerable nations against supply chain shocks.

The G7 members are Canada, France, Germany, Italy, Japan, the UK, and the US. India is invited as a guest but is not a member.