feb Flashcards

1
Q

Union budget is also called ________

A

Annual Financial Statement

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2
Q

UB is an estimated receipt of expenditure and revenue of the govt acc to article ________

A

112

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3
Q

UB has to be passed by the ___________

A

Lok Sabha

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4
Q

In ___________, a __________ yr old tradition was broken and the railway and UB were merged

A

2017; 92

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5
Q

various govt funds _________

A

consolidated fund, public account and contingency fund

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6
Q

India’s estimated eco growth according to budget 2022

A

9.2 percent highest amongst large economies

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7
Q

__________ PLI schemes will lead to _______ jobs and an additional production of _______

A

14; 60 lakhs; 30 lakh crores

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8
Q

four priorities of the budget to act as a growth impetus ______________

A

1) investment financing 2) gati shakti 3) sunrise opportunities, investment and productivity, climate action and energy transition 4) inclusive development

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9
Q

India has formally inked its first major defence system export deal with the_______, signing a________ million contract for the BrahMos shore-based anti-ship missile system. The _____ km range supersonic missile has been jointly developed with Russia and is produced in_______.

__________ signed a contract with the _________ of the Republic of Philippines for supply of Shore Based Anti-Ship Missile System to the Philippines. The _______ is a joint venture company of the Defence Research and Development Organisation.

.Philippines Defence Minister__________ and ________ Director general of BAPL inked the deal

The contract includes ___________ ___________ __________.
__________ will be the primary employer of Brahmos

India-Philippines defence pact signed in _______

In ____________, Permanent Court of Arbitration rejected china’s claim over the south china sea and the activities it carried out in Philippine’s EEZ

India accounts for _______ of the global exports arms share and is ranked as the _________ biggest exporter of arms.

First supersonic cruise missile to enter into service __________.
It is a __________ stage missile with __________ as the first stage and ___________ as the second one,

The cruise missile is a part of ___________ range weapons which allow the attacker to avoid enemy fire.

The BrahMos missile flies at a speed of ________ or ______ the speed of sound. It operates on ______ and ________ principle.

The range of the missile was originally __________ according to the MTCR. India entered the MTCR in _________. The range is going to get extended to ______ and further ____________.

The earliest versions of brahmos in the navy are in use since _______ and in the army since __________.

MCTR
It is an informal partnership among _______ countries to prevent the proliferation of missile and unmanned aerial vehicle technology capable of carrying greater than_______ kg payload for more than ________ kms

It was founded in _________ by the ________ countries. In ___________, the focus extended to missile carrying WMDs. India became the _________ member in ________ year

other interested countries ____________

A

India has formally inked its first major defence system export deal with the Philippines, signing a $374.96 million contract for the BrahMos shore-based anti-ship missile system. The 290 km range supersonic missile has been jointly developed with Russia and is produced in India.

. “BrahMos Aerospace Private Limited (BAPL) signed a contract with the Department of National Defence of the Republic of Philippines for supply of Shore Based Anti-Ship Missile System to the Philippines. The BAPL is a joint venture company of the Defence Research and Development Organisation,

.Philippines Defence Minister Delfin Lorenzana and Atul Dinakar Rane
3 batteries, training for operators and maintainers and integrated logistics programme

Coastal Defense Regiment of the Philippine Marines
March 2021

2016

0.2% and 24th

Brahmos

2 stage; solid propellant and liquid ramjet

standoff range weapons

2.8 mach or 3x sound ; fire and forget

290 kms; 2016; 450 kms and 600 kms

army- 2007 navy- 2005

MCTR
35; 500 kgs; 300 kms

1987; G7; 1992; 35TH member in 2016

vietnam, UAE, Saudi Arabia, indonesia

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10
Q

India’s various achievements as the president of UNSC on 8 occasions
first stint
year- ____________
dealt with which war - ___________

second stint
year- ___________
resolution-
extended UNSC mandate in ___________

third stint
year-
pushed for the inclusion of-

fourth stint
year-
issue-

fifth stint
year-
areas of issue-

sixth stint
year-
issue-

seventh stint
year-
issue-

eighth stint
year-
issue-

during 2011-2012 India chaired the USNC ________ committee, ____________ working group concerning threats to peace and security and committee _______ concerning somalia and eritrea

A

1950-1951
Korean war

1967-1968
Res. 238
Cyprus

1972-1973
Bangladesh

1977-1978 (anti apartheid and namibia’s independence)

1984-1985
middle east, palestine and lebanon

1992
first ever summit level meet of unsc

2011-2012
first statement on syria

2021
martime security etc

1373 comm; 1566 WG, 751/1907

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11
Q

Myanmar
possible elections- ___________
strategy employed by govt- __________
alternate govt name- \

Aung San SyuuKyi
Daughter of \_\_\_\_\_\_
returned to myanmar in \_\_\_\_\_\_\_\_\_
NLD had a major victory in \_\_\_\_\_\_\_\_\_
nobel prize \_\_\_\_\_\_\_\_\_\_\_
released from house arrest \_\_\_\_\_\_\_\_
new constitution \_\_\_\_\_\_\_\_
seats held by military in the parliament according to new constitution \_\_\_\_\_\_\_\_\_\_\_
syu kyi won a seat in the parliament in \_\_\_\_\_\_\_
landslide victory in  \_\_\_\_\_\_\_\_\_\_\_\_
Coup 
ex president \_\_\_\_\_\_\_\_
military's party \_\_\_\_\_\_\_\_\_
these are the biggest protests since \_\_\_\_\_\_\_
this yr's asean leader \_\_\_\_\_\_\_
total years in prison \_\_\_\_\_\_\_\_\_
A

Myanmar
possible elections- __2023_________
strategy employed by govt- __4 cuts (food, funds, recruitment and information)
alternate govt name- national unity govt

Aung San SyuuKyi
Daughter of gen aung san
returned to myanmar in ___1988______
NLD had a major victory in ___1990______
nobel prize __1991_________
released from house arrest __nov 2010______
new constitution __2011______
seats held by military in the parliament according to new constitution ____25 %_______
syu kyi won a seat in the parliament in _2012______
landslide victory in __2015__________

Coup
ex president __win myint ______
military’s party _________
these are the biggest protests since __2007 _____
this yr’s asean leader __hun sen (cambodian pm)_____
total years in prison __upto 164 _______

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12
Q

NORD STREAM II
runs from-
which country has threatened stopping it- ______
sea concerned-
length-
cost-
aim-
nord stream I was completed in-
how many tonnes of gas will be pumped to germany-
owner-
transit fees currently earned by Kiev-
country with largest natural gas reserves-
how much of europe’s gas comes from russia-
how many german homes will be warmed under nord stream II- _______

nord stream I 
From \_\_\_\_- to \_\_\_\_\_\_\_\_
capacity- 
owner- 
other name- 
length- 
longest subsea pipeline in the world- 
Significance
germany 
oil imports
natural gas imports 
oil imports from russia 
NG imports from russia
nord stream II uses the territorial waters of \_\_\_\_\_ \_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_
A

NORD STREAM II
runs from- western russia to north eastern germany (ust luga in leningrad to lumbin)
which country has threatened stopping it- __usa ____
sea concerned- baltic sea
length- 1200 kms or 745 miles
cost- E 8.3 b
aim- double the amount of natural gas from russia to germany
nord stream I was completed in- 2011
how many tonnes of gas will be pumped to germany- 55bn
owner- gazprom (russia)
transit fees currently earned by Kiev- 1.8 bn
country with largest natural gas reserves- russia
how much of europe’s gas comes from russia- 40%
how many german homes will be warmed under nord stream II- __26 million_____

nord stream I
From _Vyborg, Russia___- to __Greifswald______
capacity- 55 bn cubic m
owner- nord stream AG (majority owner is gazprom)
other name- north transgas and european gas pipeline
length- 1224 kms
longest subsea pipeline in the world- north stream I

Significance
germany 
oil imports-  98%
natural gas imports - 92%
oil imports from russia - 40%
NG imports from russia- 35%
nord stream II uses the territorial waters of \_\_denmark, finland ], sweden\_\_\_
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13
Q
CHINA'S DEVELOPING COUNTRY STATUS 
The factor due to which china is considered a DC- 
Ambassador to WTO- 
Membership- 
treatment metted out to DC- 
world bank's classification of countries 
based on- 
categories- 
china's GNI-
India's GNI 
countries objecting to china's status- 
the WB classifications are updated- 

LDC Criteria
updated -
based on-
bangladesh will graduate in-

WTO
set up in-
HQ- 
members- 
head-
WORLD BANK
set up in- 
HQ- 
members- 
head-
A

CHINA’S DEVELOPING COUNTRY STATUS
The factor due to which china is considered a DC- poverty
Ambassador to WTO- Li cheggang
Membership- 2001
treatment metted out to DC- special and differential treatment.

world bank’s classification of countries
based on- GNI (gross national income_
categories-
a) low income: $1045 or less
b) low middle: 1046-4095 (india-1928)
c) high middle: 4096-12695 (china-10435)
d) high - 12696 or more (us- 63413)
china’s GNI: 10435
India’s GNI : 1928
countries objecting to china’s status- India, US, Brazil, Indonesia and EU
the WB classifications are updated- 1st july every yr

LDC Criteria
updated - 3 YRS
based on- UN
bangladesh will graduate in- 2026

WTO
set up in- 1995
HQ- geneva
members- 164
head-  Dr. Ngozi Okonjo-Iweala of Nigeria
WORLD BANK
set up in- 1944
HQ- Washington DC
members- 189
head-  David Malpass
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14
Q
US FEDERAL RESERVE RATES AND INDIA 
US inflation rate- 
most imp bank- 
FPI outflows from india since november- 
interest rate hike to begin from-
HISTORY OF STOCK EX
Dalal street- 
BSE- 
First SE in asia- 
BSE granted permanent recognition under- 
Ahemdabad stock exchange- 
Calcutta stock ex- 
madras stock ex- 
NSE 
Founded-
operations started- 
first exchange to provide computerized trading- 
largest private WAN in the country-
A
US FEDERAL RESERVE RATES AND INDIA 
US inflation rate- 7.5%
most imp bank- US Federal reserve
FPI outflows from india since november- 64,000 crore 
interest rate hike to begin from- march
HISTORY OF STOCK EX
Dalal street- 1874
BSE- 1875
First SE in asia- bse
BSE granted permanent recognition under- securities contract regulation act 1956
Ahemdabad stock exchange- 1894
Calcutta stock ex- 1908
madras stock ex- 1920
NSE 
Founded- 1992
operations started- 1994
first exchange to provide computerized trading- nse
largest private WAN in the country- nse
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