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International Affairs

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

Page 7
United Nations General Assembly (UNGA) The United Nations General Assembly (UNGA) is one of the six principal organs of the United Nations (UN), acting as its main deliberative, policymaking, and rep 14 Jun 2025 Iran-Israel Conflict Triggers Oil Price Surge Context: The latest escalation in tensions between Israel and Iran has sparked fears of oil supply disruptions and rising inflation in India. Though India does 14 Jun 2025 Indus Waters Treaty at UN Glacier Conference Context: At the first UN Conference on Glaciers in Dushanbe, Tajikistan, India strongly rebutted Pakistan’s claims over the Indus Waters Treaty (IWT), asserting 2 Jun 2025

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Catastrophic Glacier Collapse: Climate Change Context: A colossal glacier collapse in the Swiss Alps has wrought severe destruction on the village of Blatten, burying nearly 90% of the settlement under a th 2 Jun 2025 Japan Loses Status as World’s Largest Creditor Nation to Germany in 2024 Context: Japan lost its position as the world’s largest creditor nation for the first time in 34 years. Germany surpassed Japan with net external assets of 569. 28 May 2025 EU’s Carbon Border Tariff Context: European Union (EU) countries have agreed to significantly scale back the EU’s carbon border levy. The tariff will now cover only about 10% of firms pr 28 May 2025 China-Pakistan Economic Corridor (CPEC) Context: China, Pakistan, and Afghanistan have agreed to expand the China-Pakistan Economic Corridor (CPEC) to include Afghanistan. Trilateral Foreign Ministers 23 May 2025 India Imposes Port Restrictions on Imports from Bangladesh Context: India has imposed port restrictions on specific imports from Bangladesh, citing reciprocal trade measures following Bangladesh's restriction on Indian 20 May 2025
IMF to Release $1.3 Billion to Bangladesh After Fourth Loan Review Context: The International Monetary Fund (IMF) will disburse $1.3 billion to Bangladesh in June 2025 after the completion of the fourth review of its $4.7 billi 18 May 2025 U.S.-China Agree to 90-Day Tariff Truce Key Highlights: Major Tariff Rollback Announced: U.S. and Chinese officials confirmed a deal to roll back most recent tariffs. Both sides agreed to a 90-day tru 15 May 2025
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