Economy Pillar 3C: WTO, World Bank & IMF | UPSC, Banking & State PSC (PCB14) скачать в хорошем качестве

Economy Pillar 3C: WTO, World Bank & IMF | UPSC, Banking & State PSC (PCB14)

In this marathon session on Pillar 3C, we decode the global financial architecture—from the static Bretton Woods Institutions to the latest dynamic Free Trade Agreements (FTAs). Whether you are preparing for UPSC CSE, Banking (IBPS/SBI), RBI Grade B, or State PSCs, this video covers international organizations and trade diplomacy essential for your exam. In this video (Highlights): • Bretton Woods Twins: ◦ World Bank Group: Roles of IBRD (Loans), IDA (Soft Loans), IFC (Private Sector), and MIGA (Political Risk Insurance). ◦ IMF: Understanding Special Drawing Rights (SDR), the difference between RFI, SBA, and EFF loan windows, and why the US/Europe dominate the leadership. • WTO & Trade Wars: ◦ The Structure: Ministerial Conference vs. General Council. The crisis in the Appellate Body and the interim MPIA solution. ◦ Subsidies (The Boxes): Difference between Green Box (Allowed), Amber Box (Restricted), and the Peace Clause that protects India’s MSP regime. ◦ Trade Barriers: Tariff vs. Non-Tariff Barriers (SPS/TBT). The new climate-based barriers like EU’s Carbon Border Adjustment Mechanism (CBAM) and EU Deforestation Regulation (EUDR). • Trade Agreements (FTAs): ◦ Theories: Adam Smith’s Absolute Advantage vs. David Ricardo’s Comparative Advantage. ◦ Latest Pacts: Details of India-UAE CEPA (0% duty on jewelry), India-Australia ECTA (Visa for STEM grads), and the India-EFTA TEPA (Commitment of $100bn investment). ◦ Rules of Origin: How this prevents China from dumping goods into India via Sri Lanka. • Global Groupings: ◦ G20 & India: Outcomes of the Delhi Summit—IMEC Corridor, Global Biofuel Alliance, and African Union membership. ◦ BRICS Expansion: The addition of Saudi Arabia, Iran, UAE, etc., and the role of the New Development Bank (NDB). ◦ Strategic Groups: IPEF (Clean Economy), Minerals Security Partnership (MSP), and QUAD. 📚 Exam Relevance: • For UPSC: Focus on concepts like Peace Clause, CBAM, Generalized System of Preferences (GSP), and TRIPS. • For Banking/SSC: Memorize HQ locations (Geneva vs Washington), Heads of Organizations (Ajay Banga), and members of groupings like ASEAN and BIMSTEC. #UPSC2026 #WTO #WorldBank #IMF #Economy #MrunalPatel #PCB14 #G20India #BRICS #FreeTradeAgreement #CBAM #InternationalRelations