GS SCORE

6th June 2022 (7 Topics)

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6th June 2022

QUIZ - 6th June 2022

5 Questions

5 Minutes

Mains Question:

Q1. Discuss the major drivers for attracting or repelling portfolio flows in an economy. (150 words)

Approach

Introduction - define Foreign Portfolio Investment (FPI) in India
Mention current trends (massive sell-off in equities by FPIs)
Discuss attracting factors and discouraging factors
Impact on economic growth
Conclude accordingly

Editorials

The IPEF holds promise but there are perils too

International Relations

IPEF expanded its membership to the Pacific Island states, with Fiji joining the initiative. The IPEF reignites the twin ambitions of the U.S. to provide economic leadership and to challenge China’s hegemony in the region.

IPEF Aspirations

Countering China: The initiative aims to counter China’s muscular nationalism and expansionist ambitions by providing an alternative to China in the region.
Economic Cooperation and Integration: It will be beneficial in terms of cooperation in investment and technology development for clean energy, strengthening supply chains, and curbing corruption.
Opportunity for India: India’s joining of IPEF is a strong statement of commitment to Indo-Pacific goals, and to broadening regional economic cooperation, particularly after it walked out of the 15-nation RCEP.

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GS Analyst: Daily Current Affairs

6th June 2022 (7 Topics)

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GS Analyst: Daily Current Affairs

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