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GS Paper-3

Global Multidimensional Poverty Index (MPI)

18-Apr-2025

The Multidimensional Poverty Index (MPI) is a composite measure of poverty that goes beyond income-based indicators. 

GROSS FIXED CAPITAL FORMATION (GFCF)

18-Apr-2025

Gross Fixed Capital Formation (GFCF) refers to the net investment in fixed assets within an economy over a specified period. 

One State-One RRB

18-Apr-2025

The Department of Financial Services, Ministry of Finance has notified the merger of 26 Regional Rural Banks (RRBs) on the principle of ‘One State-One RRB’.

Food Security

17-Apr-2025

Food Security implies that all individuals, at all times, have physical, social, and economic access to adequate, safe, and nutritious food that meets their dietary needs and food preferences for an active and healthy life.

International Monetary Fund (IMF)

17-Apr-2025

The International Monetary Fund (IMF) is a global financial institution.

WORLD BANK & WORLD BANK GROUP

17-Apr-2025

The World Bank Group (WBG) is an important multilateral financial institution.

WTO Agreement on Fisheries Subsidies – Geneva Package (2022)

17-Apr-2025

The WTO Agreement on Fisheries Subsidies was adopted during the 12th WTO Ministerial Conference (MC12) held in Geneva, Switzerland in June 2022.

WORLD TRADE ORGANIZATION (WTO)

17-Apr-2025

Before the establishment of the WTO in 1995, global trade was governed by the General Agreement on Tariffs and Trade (GATT), created in 1947.

FOREIGN DIRECT INVESTMENT (FDI)

16-Apr-2025

Foreign Direct Investment (FDI) is the investment made by a company or individual from one country into business operations or assets located in another country. 

TRADE DEFICIT

16-Apr-2025

A Trade Deficit, also known as a negative trade balance, occurs when the value of a country’s imports exceeds the value of its exports over a given period.

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