Category: International Relations

Source- The Hindu Syllabus- GS 2- Important International institutions, agencies and fora- their structure, mandate. Context- It’s an opportune time for India to push for institutional changes and reformed multilateralism in the global system. How India can revive Multilateralism? Leadership opportunity – Since US and West have adopted nationalistic leaning, India should step into the… Continue reading An opportunity for India to revive Multilateralism

Resources for IMF loans to its members on non-concessional terms are provided by member countries, primarily through their payment of quotas. Each member of the IMF is assigned a quota, based broadly on its relative position in the world economy.  The reserve tranche is a segment of an International Monetary Fund member country’s quota that is accessible without… Continue reading Golden or Reserve tranche